Gilts: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Add link.)
imported>Doug Williamson
(Remove out of date references to perpetual gilts.)
Line 2: Line 2:


Most commonly, UK central government debt.   
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.
Also known as Gilt-edged securities, or Gilt-edged stock.


Historically, they were printed on gilt-edged paper.
Historically, gilts were printed on gilt-edged paper.





Revision as of 00:34, 20 April 2020

1.

Most commonly, UK central government debt.


Also known as Gilt-edged securities, or Gilt-edged stock.

Historically, gilts 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.


See also