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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Gilt

What is a gilt?
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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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Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.
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LSE

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

What is a zero coupon bond?
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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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Custodian bank

Learn what a custodian bank is.
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