imported>Doug Williamson |
|
Line 1: |
Line 1: |
| 1. ''Financial markets - financial instruments - UK central government debt.'' | | 1. ''Working effectively with others - performance.'' |
|
| |
|
| Most commonly in UK usage, UK central government debt.
| | A peer is an individual of similar seniority or an organisation operating in the same sector, usually of similar size. |
|
| |
|
|
| |
|
| Also known as Gilt-edged securities, or Gilt-edged stock.
| | 2. ''Corporate performance.''. |
|
| |
|
| | Abbreviation for peer company or business. |
|
| |
|
|
| |
|
| :<span style="color:#4B0082">'''''Example 1: Short-dated Conventional gilt'''''</span>
| | ==See also== |
| | *[[Coach]] |
| | *[[Coaching]] |
| | *[[Peer coaching]] |
| | *[[Peer company]] |
| | * [[Peer-to-peer]] |
| | *[[Peer review]] |
| | *[[Performance]] |
| | *[[Performance management]] |
| | *[[Skills and performance coaching]] |
| | *[[Working effectively with others]] |
|
| |
|
| :An example of a short-dated conventional UK gilt was the 2% Treasury Gilt 2020.
| | [[Category:Accounting,_tax_and_regulation]] |
| | |
| :Each £100 gilt repaid £100 to the owner on 22 July 2020.
| |
| | |
| :It also paid interest on 22 July 2020, calculated at 2% per year. It was originally issued in 2014.
| |
| | |
| :It paid a predetermined fixed amount of interest (2% per year) throughout its whole life.
| |
| | |
| :It was repaid at a fixed amount of £100 at its maturity on 22 July 2020.
| |
| | |
| :Whatever happened to inflation before final maturity, these amounts did not change.
| |
| | |
| | |
| :<span style="color:#4B0082">'''''Example 2: Long-dated Conventional gilt'''''</span>
| |
| | |
| :A very long dated conventional gilt is the 4% Treasury Gilt 2060.
| |
| | |
| :It will pay interest at 4% per year until 2060.
| |
| | |
| | |
| :<span style="color:#4B0082">'''''Example 3: Index-linked gilts'''''</span>
| |
| | |
| :Index-linked gilts pay out larger amounts, the higher the rate of inflation.
| |
| | |
| :The 'index' they are linked to is the UK Retail Prices Index (RPI).
| |
| | |
| :About 25% of UK gilts are index-linked, with 75% being conventional.
| |
| | |
| | |
| Historically, gilts were printed on gilt-edged paper (heavy bond paper with a metallic edge, usually gold-leaf or gold paint).
| |
| | |
| The heavy expensive looking paper was designed to give confidence in the promise.
| |
| | |
| | |
| 2. ''Financial markets - central government debt.''
| |
| | |
| The term 'gilt' is also used to refer to the debt of certain other central governments, especially US government treasury securities.
| |
| | |
| | |
| == See also ==
| |
| * [[Bill]]
| |
| * [[Bond]]
| |
| * [[Bund]]
| |
| * [[Debt Management Office]]
| |
| * [[Exempt gain]]
| |
| * [[G+]]
| |
| * [[Index-linked gilt]]
| |
| * [[Paper]]
| |
| * [[Risk-free rate of return]]
| |
| * [[Semi-annual rate]]
| |
| * [[Share]]
| |
| * [[Sovereign]]
| |
| * [[Stock]]
| |
| * [[Stock exchange]]
| |
| * [[Swap spread risk]]
| |
| * [[Tap stock]]
| |
| * [[Treasury]]
| |
| * [[Treasury securities]]
| |
| * [[United Kingdom]]
| |
| | |
| [[Category:Corporate_financial_management]] | |