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What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

Lloyds sizes 7yr covered, books over EUR1.3bn

Reuters - UK Focus

By Julian Baker

LONDON, March 15 (IFR) -

* Final terms: EUR1bn at MS+1. Books EUR1.3bn+ at final spread. Allocs and pricing this pm. (11:38am)

* Spread set at MS+1. Books EUR1.25bn+ and subject at 11:15am. Lloyds is B&D and DM. ISIN XS1795392502. (10:32am)

* Books EUR1bn+. (9:36am)

* Guidance MS+4 area, benchmark size, tbp today. Due 26 Mar 2025 (soft bullet), pay 26 Mar, English law, London listing, 100k/1k denoms, Reg S bearer (NGN). Lloyds is B&D. (7:58am)

Lloyds Bank plc (Ticker: LLOYDS) has mandated BBVA (LSE: 931474.L - news) , ING, LBBW, Lloyds Bank and SG CIB for a 7yr euro covered benchmark. ECBC Covered Bond Label Compliant. Expected Aaa/AAA by Moody's/Fitch. Guarantor is Lloyds Bank Covered Bonds LLP. (7:58am)