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DFSED-Financial Advisor for Scottish Government Bonds

Scottish Government

Buyer Contact Info

Buyer Name: Scottish Government

Buyer Address: Edinburgh

Status
complete
Procedure
open
Value
494975.0 GBP
Published
10 Apr 2025, 00:00
Deadline
n/a
Contract Start
n/a
Contract End
n/a
Category
services
CPV
66171000
Region
n/a
Awarded To
Ernst & Young LLP (EY)
Official Source
Open Public Contracts Scotland

Description

As outlined in the Scottish Government Borrowing Memorandum (link below) the Scottish Government is continuing to work towards an inaugural Scottish Government Bond Issuance. For the next stage of the due diligence process the Scottish Government is seeking a financial advisor to assist in determining the specific conditions, and policy parameters, which will frame a successful Bond issuance. This will focus on, but not be limited to, the following: - Timing considerations for an inaugural issuance given market conditions and related events. - The frequency of issuances to best meet Scottish Government fiscal and economic objectives. - Consideration of formal “Use of Proceeds” such as “Green Bonds”. The link to the Scottish Government Borrowing Memorandum is: https://www.gov.scot/publications/scottish-budget-2025-2026-scottish-government-borrowing/

Linked Documents

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No linked documents found for this notice.

Opportunity Context

More Information Links

External Link: https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR528164

Link Title: DFSED-Financial Advisor for Scottish Government Bonds

Link Description: As outlined in the Scottish Government Borrowing Memorandum (link below) the Scottish Government is continuing to work towards an inaugural Scottish Government Bond Issuance. For the next stage of the due diligence process the Scottish Government is seeking a financial advisor to assist in determining the specific conditions, and policy parameters, which will frame a successful Bond issuance. This will focus on, but not be limited to, the following: - Timing considerations for an inaugural issuance given market conditions and related events. - The frequency of issuances to best meet Scottish Government fiscal and economic objectives. - Consideration of formal “Use of Proceeds” such as “Green Bonds”. The link to the Scottish Government Borrowing Memorandum is: https://www.gov.scot/publications/scottish-budget-2025-2026-scottish-government-borrowing/

Lots

Lot Description: The Service Provider will provide The Purchaser with independent advice on (1) evaluating the merits of, and (2) undertaking all the preparatory steps required for, the issue of an inaugural credit rating(s) and a public, listed bond. For the avoidance of doubt, the appointment will not include the role of bookrunning of any such bond issue.

Lot 1 Status: complete

Lot 1 Has Options: Yes

Lot 1 Options: Option to extend for a further two 12-month periods at the sole discretion of the Scottish Government.

Lot 1 Award Criterion (quality): Quality

Documents

Document Title: DFSED-Financial Advisor for Scottish Government Bonds

Document Description: As outlined in the Scottish Government Borrowing Memorandum (link below) the Scottish Government is continuing to work towards an inaugural Scottish Government Bond Issuance. For the next stage of the due diligence process the Scottish Government is seeking a financial advisor to assist in determining the specific conditions, and policy parameters, which will frame a successful Bond issuance. This will focus on, but not be limited to, the following: - Timing considerations for an inaugural issuance given market conditions and related events. - The frequency of issuances to best meet Scottish Government fiscal and economic objectives. - Consideration of formal “Use of Proceeds” such as “Green Bonds”. The link to the Scottish Government Borrowing Memorandum is: https://www.gov.scot/publications/scottish-budget-2025-2026-scottish-government-borrowing/

Raw Notice JSON

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