Gilts: Difference between revisions
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* [[G+]] | * [[G+]] | ||
* [[ILG]] | * [[ILG]] | ||
* [[Risk free rate of return]] | * [[Risk-free rate of return]] | ||
* [[Semi-annual rate]] | * [[Semi-annual rate]] | ||
* [[Sovereign]] | * [[Sovereign]] | ||
Revision as of 20:14, 5 February 2018
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.
