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DMO

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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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.
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Gilt

What is a gilt?
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Running yield

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

The currency exchange rate a bank quotes, valid with immediate effect.
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Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
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Account balance

The amount of money a user has stored in a financial repository.
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Maturity value

What's the maturity value of a bond?
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