FTSE 1008,245.30+0.42%indicative
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EUR 10Y Bund2.68%-1bpindicative
GBP/EUR1.1642+0.12%indicative
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SONIA4.45%indicative
BoE Rate4.50%indicative
BPA 2026 YTD~£18bnindicative
FTSE 1008,245.30+0.42%indicative
UK 10Y Gilt4.52%+3bpindicative
UK 30Y Gilt4.89%+2bpindicative
EUR 10Y Bund2.68%-1bpindicative
GBP/EUR1.1642+0.12%indicative
GBP/USD1.2785-0.08%indicative
SONIA4.45%indicative
BoE Rate4.50%indicative
BPA 2026 YTD~£18bnindicative
FTSE 1008,245.30+0.42%indicative
UK 10Y Gilt4.52%+3bpindicative
UK 30Y Gilt4.89%+2bpindicative
EUR 10Y Bund2.68%-1bpindicative
GBP/EUR1.1642+0.12%indicative
GBP/USD1.2785-0.08%indicative
SONIA4.45%indicative
BoE Rate4.50%indicative
BPA 2026 YTD~£18bnindicative
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PRT & Longevity

HSBC completes £7bn longevity swap with Prudential

15 February 2019·1 min read

HSBC Bank (UK) Pension Scheme has executed a £7 billion longevity swap with Prudential Insurance Company of America (PICA), transferring a substantial portion of its pensioner longevity risk to the US insurer. Completed in 2019, the deal ranks as the second largest longevity risk transfer ever completed for…

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