Gilts and Rating outlook: Difference between pages

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1.
A formal indication by a credit rating agency that it anticipates a change in a particular credit rating at some time in the foreseeable future.
 
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]].
 


== See also ==
== See also ==
* [[Bond]]
* [[Credit rating]]
* [[Bund]]
* [[Credit watch]]
* [[Exempt gain]]
* [[G+]]
* [[ILG]]
* [[Risk-free rate of return]]
* [[Semi-annual rate]]
* [[Sovereign]]
* [[Swap spread risk]]
* [[Tap stock]]
* [[United Kingdom]]


[[Category:Corporate_financial_management]]

Revision as of 14:20, 23 October 2012

A formal indication by a credit rating agency that it anticipates a change in a particular credit rating at some time in the foreseeable future.

See also