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Conventional gilts

Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).

More terms

Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.

Earnings per share

We look at what earnings per share mean and how to calculate it

Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.

Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.

Depository

We look at what is a depository and what role they play in keeping markets work.

Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.

Clean price

The quoted price of a gilt, which excludes accrued interest

Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.

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