Gilts and Prepaid card: Difference between pages

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(CSV import)
 
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UK central government debt.  It may be dated (redeemable) or undated.
A card which contains real purchasing power, for which the customer pays the issuer of the card in advance.
 
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 ==
== See also ==
* [[Bond]]
* [[Chip card]]
* [[Exempt gain]]
* [[Smart cards]]
* [[Risk free rate of return]]
* [[Semi-annual rate]]
   
   



Revision as of 14:20, 23 October 2012

A card which contains real purchasing power, for which the customer pays the issuer of the card in advance.

See also