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Planning notice Published before the tender goes out — early sight, nothing to submit yet.

DFSED-SG Bonds Bookrunners

Scottish Government · All their open notices

What this is

The Scottish Government is seeking to appoint external service providers as Bonds Bookrunners to assist in accessing the sterling public bond market. The bookrunners will manage the issuance process for Scottish Government bonds as part of its capital borrowing programme (annual limit £450 million, cumulative limit £3 billion, increased post-2023 Fiscal Framework review). The estimated value is £5,000,000 excluding VAT. The Contract Notice was expected 28 January 2026.

Key points

  • Bookrunner services for Scottish Government sterling bond issuance — specialist sub-sovereign bond bookrunner/investment bank expertise required
  • Estimated value: £5,000,000 excluding VAT; Scottish Government capital borrowing: £450m/year, £3bn cumulative
  • Contract Notice expected 28 January 2026

Who can bid

Investment banks or financial institutions with bookrunner expertise in sterling public bond issuance for sub-sovereign or government issuers. Must be capable of managing the full Scottish Government bond issuance process in the sterling market. Full eligibility criteria will be published with the Contract Notice.

How to submit

Register interest via Public Contracts Scotland. Contract Notice expected 28 January 2026. Contact Scottish Government procurement (DFSED directorate).

Clarifications

Contact Scottish Government procurement (DFSED directorate).

Classification

CPV 66140000 — Portfolio management services 66600000 — Treasury services Scotland

Published on Find a Tender. The official notice is the authoritative version.