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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Bed & ISA

Understand what Bed and ISA is and how it works

S&P 500

Find out what is the definition of the S&P 500 index.

Base rate

What's the base rate?

Equity ETF

An exchange-traded fund that is comprised of a set of stocks.

Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.

NYSE

The world's largest stock exchange. Wall St HQ.

Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.

Wall Street

A street in New York that became a figure of speech for the financial markets of the US.

index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.

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