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

Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.

Maturity date

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.

Costs and Charges

The money you pay when investing.

Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.

Interest Rate

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

Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.

Earnings per share

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

After-hours trading

Trading outside of a stock exchange's opening hours.

Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.

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