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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Costs and Charges

The money you pay when investing.
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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.
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After-hours trading

Trading outside of a stock exchange's opening hours.
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Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.
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Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
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Professional Client

An investor that is able to meet several regulatory criteria.
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Stock Market

A place where shares of publicly listed companies are traded.
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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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