Gilts: Difference between revisions

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Revision as of 14:19, 23 October 2012

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