What are Gilts?
Gilts are bonds issued by the British government. India's government bonds are also called gilts.
How Do Gilts Work?
Gilts get their nickname from the gilded edges that the security's certificates used to have.
In Britain, gilts are issued in 100-pound units and represent a loan to the government. The bonds promise income over a fixed term, and the government repays the principal at maturity. Investors can buy gilts from the British government by going to the government's Debt Management Office or via a brokerage service. Investors can also buy gilts at the post office.
Why Do Gilts Matter?
Gilts are the British equivalent of U.S. Treasury securities. Like Treasurys, some are indexed to inflation. Large financial institutions are the largest purchasers.
Personalized Financial Plans for an Uncertain Market
In today’s uncertain market, investors are looking for answers to help them grow and protect their savings. So we partnered with Vanguard Advisers -- one of the most trusted names in finance -- to offer you a financial plan built to withstand a variety of market and economic conditions. A Vanguard advisor will craft your customized plan and then manage your savings, giving you more confidence to help you meet your goals. Click here to get started.
Read This Next
The goal: You want to get top dollar for your home or investment property when you sell. You're confident you can renovate a few things, recoup the cost and even enjoy some serious profit when...
Read More →
What can a woman born in New England in 1834 teach us about investing in today's...
Read More →
Picture this: You just nailed your interview with Dream Corp. You took plenty of time to make sure you look good in person and on paper. Plus, you're a great fit for the job. [...
Read More →
Wall Street wants your business. But those cut-rate commissions are just a trick to lure...
Read More →
Sometimes it seems like life is one never-ending battle against scam artists trying to part you from your money...
Read More →
