Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

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Bookbuilding

How banks work out what investors will pay for shares before an IPO, one order at a time.
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Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
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Custodian bank

Learn what a custodian bank is.
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Junk Bond

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

What is a gilt?
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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..
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DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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Dividends

Find out what dividends are and how they can contribute to the growth of your investment portfolio.
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