Gilts: Difference between revisions
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Also known as Gilt-edged securities, or Gilt-edged stock. | Also known as Gilt-edged securities, or Gilt-edged stock. | ||
Historically, gilts were printed on gilt-edged paper (paper with a metallic edge, usually gold-leaf or gold paint). | Historically, gilts were printed on gilt-edged paper (heavy bond paper with a metallic edge, usually gold-leaf or gold paint).The heavy expensive looking paper was designed to give a sense of confidence. | ||
Revision as of 14:23, 28 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 (heavy bond paper with a metallic edge, usually gold-leaf or gold paint).The heavy expensive looking paper was designed to give a sense of confidence.
2.
The term 'gilt' is also used to refer to the debt of certain other central governments, especially US government treasury securities.
