PIBS Prices (Permanent Interest Bearing Shares Prices) & Yields
PIBS (Permanent Interest Bearing Shares) prices, yields and key details for the main Building Society PIBS and former PIBS (which are now sub-ordinated bonds of the banks which took over former Building Societies). Links to prospectuses of the various PIBS are included where copies are available. You can find explanations of many of the terms used in the Fixed Income Terms Explained and What are PIBS? sections of this website. During 2011 it became apparent that the custom of issuers calling (or redeeming) PIBS on the first call date would not continue. I have therefore added a ‘Reset Rate’ column to the table which shows the applicable coupon rate after the first call date.