Gilts: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Link with Bund page.) |
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== See also == | == See also == | ||
* [[Bond]] | * [[Bond]] | ||
* [[Bund]] | |||
* [[Exempt gain]] | * [[Exempt gain]] | ||
* [[G+]] | * [[G+]] | ||
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* [[Swap spread risk]] | * [[Swap spread risk]] | ||
* [[Tap stock]] | * [[Tap stock]] | ||
* [[United Kingdom]] |
Revision as of 07:57, 9 April 2017
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.
2.
The term 'gilt' is also used to refer to the debt of certain other central governments, especially US government treasury securities.