Maturity date

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

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

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.

Mutual funds and investment trusts are priced on their net asset value (NAV).

The average annual return an investor sees over a set period of time.

Find our what a SPAc or special purpose acquisition company is.

Examining price movements of shares and other assets, and trying to predict how they will move in the future.

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.

Learn what a custodian bank is.