What it is:
Gilts are government bonds are also called gilts.issued by the British government. India's
How it works (Example):
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 income over a fixed , and the government repays the principal at maturity. Investors can buy gilts from the British government by going to the government's Management Office or via a brokerage service. Investors can also buy gilts at the post office.to the government. The promise
Why it Matters:
Gilts are the British equivalent of U.S. Treasury securities. Like Treasurys, some are indexed to inflation. Large financial institutions are the largest purchasers.