Gilts: Difference between revisions
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UK central government debt. It may be dated (redeemable) or undated. | UK central government debt. | ||
It may be dated (redeemable) or undated. | |||
Revision as of 12:21, 12 August 2013
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.
