Pension Insurance Corporation plc, founded in 2006 and based in London, specializes in providing pension insurance solutions to defined benefit pension schemes, ensuring financial security for retirees. The company focuses on risk transfer strategies, including bulk annuities and buy-ins, which help pension funds manage their obligations effectively.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PICORP 3.63% 2032-10-21 GBPPension Insurance Corporation plc | United Kingdom | 2032-10-21 | 3.625 | 6.02 |
| PICORP 4.63% 2031-05-07 GBPPension Insurance Corporation plc | United Kingdom | 2031-05-07 | 4.625 | 5.78 |
| PICORP 5.63% 2030-09-20 GBPPension Insurance Corporation plc | United Kingdom | 2030-09-20 | 5.625 | 5.55 |
| PICORP 8.00% 2026-11-23 GBPPension Insurance Corporation plc | United Kingdom | 2026-11-23 | 8.000 | 5.67 |
| PICORP 8.00% 2033-11-13 GBPPension Insurance Corporation plc | United Kingdom | 2033-11-13 | 8.000 | 6.29 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Pension Insurance Corporation has become a notable player in the bond market, with its initial bond issuance occurring in 2013. The company has issued several significant bonds, including a notable £1 billion bond in 2021, aimed at financing its increasing portfolio of pension liabilities. Currently, their bond yields are competitive within the industry, often reflecting favorable rates compared to benchmarks, and recent issuances have featured strong demand, indicating investor confidence in their financial stability and strategic vision.