Gilts: Difference between revisions
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Also known as Gilt-edged securities. | Also known as Gilt-edged securities, or Gilt-edged stock. | ||
Historically, they were printed on gilt-edged paper. | |||
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* [[G+]] | * [[G+]] | ||
* [[ILG]] | * [[ILG]] | ||
* [[Paper]] | |||
* [[Risk-free rate of return]] | * [[Risk-free rate of return]] | ||
* [[Semi-annual rate]] | * [[Semi-annual rate]] | ||
* [[Sovereign]] | * [[Sovereign]] | ||
* [[Stock]] | |||
* [[Swap spread risk]] | * [[Swap spread risk]] | ||
* [[Tap stock]] | * [[Tap stock]] | ||
Revision as of 09:22, 12 March 2020
1.
Most commonly, UK central government debt.
It may be dated (redeemable) or undated.
Undated gilts are perpetual debt, paying a fixed periodic coupon but having no final redemption date.
Gilt yields are conventionally quoted in the UK markets on a semi-annual basis.
Also known as Gilt-edged securities, or Gilt-edged stock.
Historically, they were printed on gilt-edged paper.
2.
The term 'gilt' is also used to refer to the debt of certain other central governments, especially US government treasury securities.
