Xetra

Learn what financial capital means

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

Learn what a bond is

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.

A way of calculating compound returns on an investment or savings over a set period of time.

The quoted price of a gilt, which excludes accrued interest

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.

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