The guidance notices issued by the Bank of England on 10th November 1980 and 19th July 1982 set out the basis on which issues of sterling stocks and bonds by overseas borrowers (bulldog issues) would be considered for admission to the gilt-edged market. Admission was limited to issues made in their own name by overseas central governments and by international institutions with which the UK was associated; and it was a requirement of admission that the securities should on issue be offered in their entirety for public subscription, unless the issue was £12 million or less in amount.
Notice issued by the Bank on 13 Mar 1986