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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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Maturity value

What's the maturity value of a bond?
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Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
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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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Compound interest

Understand what compound interest means and how it's calculated
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Money laundering

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

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

The currency exchange rate a bank quotes, valid with immediate effect.
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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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