Previous Circulars

Title Size Date Published
Circular 159 detailing the Board’s lending arrangements supersedes Circular 158 issued 1 March 2016 338KB 25 May 2018
Circular 158 detailing the Board's lending arrangements supersedes Circular 157 issued 22 September 2014. 322KB 1 Mar 2016
Circular 157 detailing the Board's lending arrangements supersedes Circular 156 issued 1 November 2013.
239KB
22 Sep 2014
Circular 156 detailing the Board's lending arrangements supersedes Circular 155 issued 12 August 2013.
228KB
1 Nov 2013
Circular 155 detailing the Board's lending arrangements supersedes Circular 154 issued 21 December 2012.
224KB
12 Aug 2013
Circular 154 detailing the Board's lending arrangements supersedes Circular 153 issued 1 November 2012.
283KB
21 Dec 2012
Circular 153 – detailing the Board's lending arrangements supersedes Circular 152 issued 16 August 2012.
283KB
1 Nov 2012
Circular 152 - Lending arrangements (supersedes Circular 148 issued 4 January 2011).
59KB
16 Aug 2012
Circular 151 - replaces Circular 149 and sets out the methodology for calculating interest rates for fixed and variable rate loans.
31KB
1 May 2012
Circular 150 - Announces that the special, reduced rates will be available for applications received on 26th March 2012 only.
52KB
21 Nov 2011
Circular 149 - Sets out the methodology for calculating interest rates for fixed and variable rate loans.
53KB
4 Jan 2011
Circular 148 - Detailing the Board's lending arrangements, supersedes Circular 144 and incorporates the changes notified in Circulars 145-147.
89KB
4 Jan 2011
Circular 147 - Sets out changes to the Board's interest rates following the Chancellor's announcement on the Spending Review.
50KB
20 Oct 2010

Circular 146 - Announces changes to the Board's banking arrangements which take effect on 15 November 2010.

48KB
18 Oct 2010
Circular 145 - Announces an additional question to loan applicants.
50KB
22 Jun 2010
Circular 144 - Details the Board's lending arrangements, supersedes Circular 138 and incorporates the changes notified in Circulars 139 to 143.
142KB
26 Apr 2010
Circular 143 - Announces results of last September's consultation and the introduction of routine intra-daily changes to fixed interest rates from Monday 26 April 2010.
43KB
22 Mar 2010
Circular 142 - Announces a change in the method of calculating interest on the initial broken period on fixed rate loans with effect from 1 December 2009.
45KB
26 Oct 2009
Circular 141 - explanatory note - Changes to PWLB’s interest rate structure: an explanatory note.
45KB
5 Nov 2007
Circular 141 - Announces the introduction of a separate set of rates applicable to the early repayment of fixed rate loans with effect from 1 November 2007.
50KB
31 Oct 2007
Circular 140 - Announces changes to the structure of interest rates applying to fixed rate loans with effect from 1 November 2007.
132KB
16 Oct 2007
Circular 139 - Maximum period for fixed rate loans
42KB
1 Dec 2005
Circular 138 - Arrangements for lending to local authorities
148KB
1 Aug 2005
Circular 137 - Variable rates
35KB
11 Apr 2005
Circular 136 - Change to the Transaction Timetable
51KB
4 Jan 2005
Circular 135 - Arrangements for lending to Local Authorities from 1 April 2004
118KB
16 Mar 2004
Circular 134 - Lending Policy from 1 April 2004
42KB
15 Jan 2004
Circular 133 - Maximum period for PWLB fixed rate loans
39KB
1 Sep 2003
Circular 132 - Provision of data to third parties
40KB
16 May 2003
Circular 131 - Arrangements for lending to Local Authorities from 1 April 2003
126KB
27 Mar 2003
Circular 130 - Arrangements for 2003-2004
56KB
13 Feb 2003
Circular 129 - Changes to the frequency of review and structure of PWLB lending rates
45KB
4 Feb 2003
Circular 128 - Change of Address
34KB
29 May 2002
Circular 127 - Arrangements for lending to Local Authorities from 1 April 2002
77KB
March 2002
Circular 126 - Quotas for 2002-2003
39KB
20 Feb 2002
Circular 125 - Refinancing of fixed rate loans
41KB
6 Dec 2001
Circular 124 - Arrangements for lending to Local Authorities from 1 April 2001
129KB
30 Mar 2001
Circular 123 - Quota arrangements for 2001-2002
77KB
13 Mar 2001
Circular 122 - Changes to rate structure; Fees for converting loans
72KB
3 Oct 2000
Circular 121 - Arrangements for lending to Local Authorities from 1 April 2000
78KB
17 Apr 2000
Circular 120 - Formula for quotas for 2000-2001
39KB
30 Mar 2000
Circular 119 - National Loans Fund Lending Rates
38KB
22 Feb 2000
Circular 118 - Arrangements for lending to Local Authorities from 1 April 1999
89KB
25 Mar 1999
Circular 117 - Quotas for 1999-2000
39KB
12 Mar 1999
Circular 116 - Arrangements for lending to Local Authorities from 1 April 1998
91KB
27 Mar 1998
Circular 115 - Quotas for 1998-99
40KB
17 Mar 1998
Circular 114 - Arrangements for lending to Local Authorities from 1 April 1997
89KB
25 Mar 1997
Circular 113 - Option to replace a variable rate loan / Premature repayment of a variable rate loan
41KB
20 Mar 1997
Circular 112 - Quotas for 1997-98
41KB
5 Mar 1997
Circular 111 - Option to replace a variable rate loan
37KB
29 May 1996