What are 'conventional gilts'? Definition & meaning

More terms

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

A document issued by an investment fund to help investors determine if it's the right fund for them.

A method of trading using borrowed money that usually involves a very high level of risk.

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.

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

The amount of money made or lost from an investment. Usually expressed as a percentage.

A debt instrument issued by the UK government with a maturity of less than one year.

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

The quoted price of a gilt, which excludes accrued interest