Gilts

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 (paper with a metallic edge, usually gold-leaf or gold paint).

2.

The term 'gilt' is also used to refer to the debt of certain other central governments, especially US government treasury securities.

See also

• Bond
• Bund
• Exempt gain
• G+
• ILG
• Paper
• Risk-free rate of return
• Semi-annual rate
• Sovereign
• Stock
• Swap spread risk
• Tap stock
• Treasury
• United Kingdom