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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

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.

52-week high/low

The highest, or lowest, price a share has traded at in a passing year.

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.

After-hours trading

Trading outside of a stock exchange's opening hours.

Gilt

What is a gilt?

LSE

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

UK Treasury bill

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

Earnings per share

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

Diversification

An investment strategy in which money is put into a variety assets.

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