Permanent Interest Bearing Shares

Permanent Interest Bearing Shares are irredeemable shares issued by Building Societies, which are traded on the London Stock Exchange and carry a fixed interest coupon which has a higher interest rate than ordinary Building Society 'share' accounts.

However, PIBS provide less security. Interest is also only payable after interest has been paid on ordinary accounts and the payment due would still be subject to further restrictions. Ordinary account holders are treated as priority.

A PIB may include imbedded features such as issuer call options and variable coupons. To help you better understand this sector, you'll be able to read a copy of the original prospectus documents within the PIBS section of our Fixed Income Research microsite: just choose your PIB and open the pdf shown at the bottom of the page.

Please bear in mind that:
  • The value of investments can fall as well as rise and any income from them is not guaranteed. You should be prepared to lose your investment. Past performance is not a guide to future performance.
  • The prices shown are not real-time: they are delayed by at least 15 minutes. As a consequence, the prices shown may differ from the prices at the time of trading.

Name Symbol Latest Last
update
Change since
last close
Change
BANK IREL13.375 BOI 89.75(c) 17:05 -0.75 -0.83% +0.28% Trade by telephone icon
BRAD.&B.11.625% BBN 51.00(c) 16:50 -0.50 -0.97% 0.00% Trade now icon
BRAD.&B.13% BBM 55.00(c) 16:50 0.00 N/A 0.00% Trade by telephone icon
CHELT&GL.11T%BD CAGP 113.00(c) 16:50 0.00 N/A 0.00% Trade by telephone icon
COVENTRY.6.092% CVB 85.50(c) 16:35 0.00 N/A N/A Trade by telephone icon
COVENTRY BS12E% CVBP 144.00(c) 17:10 +0.25 +0.17% +1.41%
HALIFAX 8T%BDS HALC 98.00(c) 16:50 +0.50 +0.51% 0.00% Trade by telephone icon
HALIFAX 9.375BD HALP 107.50(c) 17:05 0.00 N/A +1.42% Trade by telephone icon
HALIFAX 12%PERP HALA 118.00(c) 16:50 0.00 N/A 0.00% Trade order icon
HALIFAX 13FE%BD HALB 132.00(c) 16:50 0.00 N/A 0.00% Trade by telephone icon
LEEDSBUILD.PIBS LBS 138.00(c) 17:00 0.00 N/A N/A
MAN.BS.6.75%PIB MBSP 80.00(c) 16:50 0.00 N/A 0.00% Trade by telephone icon
MAN.BS.8%PIBS MBSR 98.00(c) 16:50 0.00 N/A 0.00% Trade by telephone icon
NATIONWDE.6SE CEBA 88.50(c) 17:10 -1.00 -1.12% -0.56% Trade by telephone icon
NATIONWIDE.6% NANW 84.50(c) 17:10 0.00 N/A N/A Trade by telephone icon
NATIONWIDE.PIBS NABB 90.00(c) 16:45 0.00 N/A 0.00% Trade by telephone icon
NATIONWIDE.PIBS NABA 101.62(c) 16:35 0.00 N/A N/A Trade by telephone icon
NATIONWIDE6.25% POBA 80.00(c) 17:10 +0.75 +0.95% +0.63% Trade by telephone icon
NATIONWIDE7.25% POB 95.25(c) 17:10 0.00 N/A +0.79% Trade by telephone icon
NEWCASTLE 10T% NBSP 95.00(c) 16:50 0.00 N/A 0.00%
NEWCASTLE 125/8 NBSR 109.50(c) 17:05 0.00 N/A +0.92%
NOTTS.B/S.7 7/8 NOTP 80.25(c) 17:10 0.00 N/A N/A Trade by telephone icon
NTHN.ROCK12 5/8 NRKP 47.00(c) 16:50 0.00 N/A 0.00%
SKIP.B.S6.875% SBSB 71.50(c) 16:50 0.00 N/A 0.00% Trade by telephone icon
SKIP.B.S PIB SBSA 107.50(c) 16:50 +0.50 +0.47% 0.00% Trade by telephone icon
SKIPTON 12E7% SKIP 124.50(c) 17:10 +1.00 +0.81% +1.63%
WEST.BROM 6.15% WBS 16.00(c) 16:50 +1.75 +12.28% 0.00% Trade by telephone icon

Intraday data is delayed by 15 minutes.

Name Latest Var
FTSE 100 5,901.07(c) +1.81%
FTSE 250 11,235.15(c) +1.34%
DOW INDUSTRIALS 12,862.23(c) +1.23%
HONG KONG HANG SENG INDIC 20,756.98 +0.08%
Nikkei 225 8,831.93(c) -0.51%