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Holding Period Return

Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..

The amount of money generated by an asset during the time that it was held by an investor..

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Clean price

The quoted price of a gilt, which excludes accrued interest
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Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Yield curve

A graphical representation of interest rates over time
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Earnings per share

We look at what earnings per share mean and how to calculate it
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W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.
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UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.
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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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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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