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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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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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Accrued interest

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
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Bed & ISA

Understand what Bed and ISA is and how it works
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Earnings per share

We look at what earnings per share mean and how to calculate it
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S&P 500

Find out what is the definition of the S&P 500 index.
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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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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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