Dictionary

GBP Bond Market

From the Collaborative Bond and Money Market Data Portal


The Sterling bond Market can be split by investors, into an international and a domestic market, and on the other hand by issuers, into the foreign and non-foreign market. The foreign market is the market where issuers from outside the UK issue Sterling bonds. This is also known as the Bulldog Market, as a reference to a symbol for Great Britain. Another split is that between money markets and bond markets, where the type of instrument, like for example Sterling CDs, and maturity of below one year play a role. The Bank of England, for example defines the Money Market as “The unsecured deposit market, including the issue of, and trading in, certificates of deposits and commercial paper". Whilst domestic CP in the UK cannot be longer than 364 days, CDs however can go up to 5 years. There are also investors in non-UK domestic markets that buy GBP instruments.

  

In the Collaborative Bond and Money Market Data Model the Sterling Bond Market appears within the field Currency. 

 

 

Based on available data, on the 30th of June 2018, the size of the GBP Bond Market was GBP2.6tn.  

 

For information on the size of the GBP Bond Market, please use CMDPortal's Data Sheet tool. 

For information on the composition of the GBP Bond Market, please use CMDportal's Issuer Search tool. 

For information on active dealers in the GBP Bond Market, please use CMDPortal's Dealer Search tool. 

For information on active investors in the GBP Bond Market, please use CMDPortal's Investor Search tool.