Withholding Tax

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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).

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

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.

What is yield to maturity and why is it useful?

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

An investment trust specialised in investing in commercial property such as parking garages or GP offices.

A place where shares of publicly listed companies are traded.