FORM 6-K

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                            Report of Foreign Issuer



                    Pursuant to Rule 13a - 16 or 15d - 16 of

                      the Securities Exchange Act of 1934



                         For the month of February 2008
                                8th February 2008



                       BRITISH SKY BROADCASTING GROUP PLC
                              (Name of Registrant)



                Grant Way, Isleworth, Middlesex, TW7 5QD England
                    (Address of principal executive offices)



Indicate by check mark whether the registrant  files or will file annual reports
under cover of Form 20-F or Form 40-F


                    Form 20-F X            Form 40-F



Indicate by check mark whether the  registrant  by  furnishing  the  information
contained  in this  Form is  also  thereby  furnishing  the  information  to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934


                    Yes                    No X



If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): Not Applicable



                                 EXHIBIT INDEX


                                    Exhibit


EXHIBIT NO.1  Press release of British Sky  Broadcasting  Group plc
              announcing Bond Issue released on 8th February 2008




                                   Bond Issue

Earlier today,  British Sky Broadcasting Group plc announced a private placement
with  institutional  investors to raise net proceeds of  approximately  U.S.$750
million from the issuance of guaranteed  notes (the "Notes").  The Notes will be
issued by British Sky  Broadcasting  Group plc and will be guaranteed by British
Sky Broadcasting Limited, BSkyB Finance UK plc, BSkyB Investments Limited, BSkyB
Publications  Limited  and Sky  Subscribers  Services  Limited.  The Notes to be
issued consist of U.S.$750  million  aggregate  principal amount of Notes paying
6.10%  interest and maturing on 15 February  2018.  It is expected  that the net
proceeds of the offering will be used for general corporate purposes and for the
refinancing  of maturing  debt. The offering is expected to close on or about 15
February 2008.

The  securities  referred to in this  document  have not been,  and will not be,
registered  under the U.S.  Securities Act of 1933 (the  "Securities  Act"),  or
under the securities  legislation of any state of the United States, and may not
be offered or sold in the United  States,  other than  pursuant to an  exemption
from, or in a transaction not subject to, the  registration  requirements of the
Securities  Act.  The  issuer of the Notes does not  presently  intend to make a
public offer of securities  in the United  States or to register any  securities
under the Securities Act.

This news release does not constitute an offer to sell or the solicitation of an
offer to buy the Notes.

Enquiries

Alison Dolan               +44 (0)20 7705 3623
Robert Kingston            +44 (0)20 7705 3726


                                   SIGNATURES



Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.


                                         BRITISH SKY BROADCASTING GROUP PLC


Date: 8th February 2008                      By: /s/ Dave Gormley
                                             Dave Gormley
                                             Company Secretary