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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.

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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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Running yield

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

Learn what financial capital means
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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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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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Securities

Bonds and stocks.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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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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Withholding Tax

A tax deduction made at the source of the payment.
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