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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Fundamentals

The data or information that is likely to impact a company's stock price.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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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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Costs and Charges

The money you pay when investing.
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Capital

Learn what financial capital means
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Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.
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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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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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