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Coupon

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.

More terms

Real Estate Investment Trust (REIT)

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

Bond

Learn what a bond is

Key Information Document (KID)

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

Xetra

A trading venue operated by the Frankfurt Stock Exchange.

Income statement

A summary of a company's income and expenses over a set period of time.

Money weighted rate of return

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

Value Investing

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

Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

Running yield

The annual interest payment (dividend) divided by the current market price of a bond.

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