Gilts

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Revision as of 12:21, 12 August 2013 by imported>Doug Williamson (Spacing.)
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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.

See also