What is the 'DMO'? Definition & meaning

More terms

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.

Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.

Securities

Bonds and stocks.

OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.

Zero-Sum Game

A situation in which one person's gain is another's loss.

Leverage

A method of trading using borrowed money that usually involves a very high level of risk.

After-hours trading

Trading outside of a stock exchange's opening hours.

Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt

Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).

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DMO