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Scotland ‘on Track’ to Issue First Bonds in 2026-27, Says Swinney
Scotland's AA credit rating matches the UK’s, enabling a £1.5 billion bond program to fund infrastructure and attract investment, officials said.
- Credit rating agencies Moody's and S&P Global have given Scotland the same sovereign credit rating as the UK, Aa3 and AA respectively, as the Scottish government prepares to issue its first bonds in 2026/27.
- The Scottish government plans to issue bonds to raise money for infrastructure projects, having previously borrowed from the UK national loans fund.
- Both rating agencies cautioned that Scotland's credit rating could potentially be cut if it moves towards independence from the UK.
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Total News Sources19
Leaning Left5Leaning Right0Center6Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
L 45%
C 55%
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