Channel Eye
SRM Accounting
  • Home
  • Business
    • Appointments
    • Data Protection
    • Digital & Technology
      • TechWeek
    • Environment
    • Features
    • Finance
    • Interviews & Profiles
    • Leadership
    • Legal
    • People
    • Property
    • Retail & Hospitality
    • Transport
    • Workplace Wellbeing
  • Lifestyle
    • Arts & Culture
    • Charity & Community
      • Macmillan
    • Food & Drink
    • Health & Wellbeing
    • Home
    • Music
    • Play
    • Travel
    • Wedding
  • Events
    • Events in Jersey
    • Events in Guernsey
    • Virtual events
    • Past events
  • Directory
  • Location
    • Jersey
    • Guernsey
    • Alderney
    • Isle of Man
  • About
  • Contact
No Result
View All Result
Channel Eye
No Result
View All Result
SRM Accounting
Home Business Finance

Jersey lists sovereign bond on TISE

May 12, 2022
in Business, Finance, Jersey
Kay McCarthy
Share on FacebookShare on TwitterShare on LinkedIn

Jersey has listed a new £500 million government bond on The International Stock Exchange (TISE).

The States of Jersey has issued GBP500,000,000 2.875 per cent. Notes due 6 May 2052 which has been listed on TISE’s Qualified Investor Bond Market (QIBM).

The proceeds of the bond issuance will be used to refinance past service pension liabilities and for general government purposes.

Kay McCarthy, Head of the Jersey Office of TISE, said: “I am delighted that the States of Jersey has chosen to list this bond on TISE. It is a significant endorsement of our critical role within the local financial services infrastructure that the States of Jersey has once again chosen to use our listing venue, along with supporting professional services providers, to assist with its financing requirements. We are extremely pleased to be able to facilitate this transaction which is aimed at benefiting the people of Jersey.”

The States of Jersey already has an existing bond, GBP250,000,000 3.75 per cent. notes due 2054, listed on TISE. It was admitted to the Official List of TISE in June 2014.

Anthony Byrne, Head of Bond Markets at TISE, said: “I’m very pleased to welcome this latest Jersey sovereign bond issuance to listing on our Qualified Investor Bond Market (QIBM). This transaction follows a very strong start to the year for new listings on TISE and in doing so, it demonstrates the attractiveness of QIBM for a wide range of bond products which are being brought to our market from a variety of issuers and their advisers internationally.”

The Listing Agent for the admission to TISE is Carey Olsen Corporate Finance Limited.

The bond issuance has been advised on by the States of Jersey’s appointed debt advisors, EY. The joint Lead Managers are HSBC Bank plc, Barclays Bank plc, Lloyds Bank plc, and Royal Bank of Canada, London. The States of Jersey’s UK Legal Advisor is Allen & Overy LLP and Carey Olsen Jersey LLP acted as Jersey legal counsel.

Tags: BondTISE
ShareTweetShare
Sonny Teeling

Sonny Teeling

Related Posts

Robert Fearis
Finance

PraxisIFM reports solid results as business embarks on new growth era

May 19, 2022
Anthony Byrne
Finance

TISE welcomes record green bond to sustainable segment

May 3, 2022
Aline Ayott
Finance

HSBC leads £500 million bond issue for Government of Jersey

May 3, 2022
Next Post
Georgina Cook

Mourant assists Co-op with Five Oaks Business Park deal

Recent Stories

Julius Baer team and GROW crew

Charity makes new office a home as Julius Baer and Grow team-up

May 20, 2022
Mike Mitchell

Jersey Resolution Authority sets strategic direction for 2022-2023

May 20, 2022
Matthew Le Maitre 01 16-9

Guernsey Electricity recruits environmental and engineering professional

May 20, 2022
World Earth neurons digital

Interesting stories from around the World…

May 20, 2022
2021-07-13 ChannelEye Get seen MPU
2021-12-10 Snap MPU

Subscribe to our newsletter

Get the latest, no-nonsense, essential news and information direct to your inbox.
  • Home
  • Business
  • Lifestyle
  • Events
  • Directory
  • Privacy Policy
  • About
  • Contact
  • Subscribe

© 2020 Channel Eye Limited

No Result
View All Result
  • Home
  • Business
    • Appointments
    • Data Protection
    • Digital & Technology
      • TechWeek
    • Environment
    • Features
    • Finance
    • Interviews & Profiles
    • Leadership
    • Legal
    • People
    • Property
    • Retail & Hospitality
    • Transport
    • Workplace Wellbeing
  • Lifestyle
    • Arts & Culture
    • Charity & Community
      • Macmillan
    • Food & Drink
    • Health & Wellbeing
    • Home
    • Music
    • Play
    • Travel
    • Wedding
  • Events
    • Events in Jersey
    • Events in Guernsey
    • Virtual events
    • Past events
  • Directory
  • Location
    • Jersey
    • Guernsey
    • Alderney
    • Isle of Man
  • About
  • Contact

© 2020 Channel Eye Limited

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.