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