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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Yield

Income from an investment as a percentage of its current price.
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Equity ETF

An exchange-traded fund that is comprised of a set of stocks.
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Holding Period Return

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

The increase in the prices of goods and services over time, and the process by which money loses its value.
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Gilt

What is a gilt?
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Earnings per share

We look at what earnings per share mean and how to calculate it
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Bookbuilding

How banks work out what investors will pay for shares before an IPO, one order at a time.
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Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.
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