Gilts

Gilts

Bonds that are issued by the British government and generally considered low risk. Gilts are the U.K. equivalent to U.S. Treasury securities. The name originates from the original British government certificates that had gilded edges.

India's government securities are also called gilts because of the country's history as a British colony.

Index-linked gilts, which represent a substantial proportion of all U.K. gilts, are indexed to inflation, similar to Treasury Inflation Protected Securities in the United States. Bonds issued by blue-chip companies that are considered to be similarly high-quality and low-risk, are called gilt-edged securities. The primary purchasers of gilts are pension funds and life insurers.


Investment dictionary. . 2012.

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  • Gilts — are bonds issued by the governments of the United Kingdom, South Africa, or Ireland. The term is of British origin, and refers to the debt securities issued by the Bank of England, which had a gilt (or gilded) edge. Hence, they are called gilt… …   Wikipedia

  • gilts — See gilt edged securities. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

  • Gilts — British and Irish government securities. * * * gilts gilts [gɪlts] noun [plural] FINANCE British government bonds sold by the Bank of England, done to finance the British national debt: • Gilts fell sharply desp …   Financial and business terms

  • gilts — British and Irish government securities. blue chip. Bloomberg Financial Dictionary gilt edged stocks. Also known as gilts. UK government bonds (excluding Treasury bills) denominated in sterling and issued in the domestic UK market. Dresdner… …   Financial and business terms

  • gilts market — UK US noun FINANCE ► GILT EDGED MARKET(Cf. ↑gilt edged market) …   Financial and business terms

  • gilts — gɪlt n. gold leaf, gold plate, thin layer of gold adj. golden; gilded, coated with a thin layer of gold …   English contemporary dictionary

  • gilts — fixed interest loan securities issued by the UK government. → gilt …   English new terms dictionary

  • gilts — Government securities issued by the United Kingdom …   Euroclear glossary

  • gilts — /gɪlts/ plural noun same as government bonds …   Dictionary of banking and finance

  • index-linked gilts — gilts where the coupon payments and capital redemption value are linked to the increase in the Retail Price Index over the period the bond has been in issue. The bigger the increase in the Retail Price Index, the bigger the value of the coupon… …   Financial and business terms

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