Nominal amount

Learn what a bond is

Investment funds that are often associated with riskier and shorter-term trading strategies.

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

A mathematical test used to determine whether a claim is true or false.

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

A startup valued at over £1 billion. They are rare, hence the name.

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

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).

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