Index linked bond: Difference between revisions
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* [[Coupon]] | * [[Coupon]] | ||
* [[Fixed rate bond]] | * [[Fixed rate bond]] | ||
* [[Index-linked gilts]] | |||
* [[Index linker]] | * [[Index linker]] | ||
* [[Nominal bond]] | * [[Nominal bond]] |
Revision as of 01:08, 20 April 2020
A security paying a coupon that varies according to some underlying index (often called index linkers) - not a fixed, nominal coupon nor a coupon at a margin above a published reference rate.
The most common class of index linked bonds are inflation linked bonds paying a coupon linked to inflation so as to provide a real return.
For example UK Index Linked Gilts or US Treasury Inflation Protected Securities (TIPS).