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
Packaged Retail and Insurance-based Investment Product (PRIIP)
An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.