Economy

GB12Y is market shorthand for the UK government bond, or gilt, with roughly twelve years until it repays. Buying a gilt means lending to the UK government, which in return pays fixed interest, known as the coupon, and returns the bond'sFace Valueat maturity.

GB12Y refers to the UK government bond, or gilt, with about twelve years remaining until repayment. A gilt is aLoanto the UK government: the investor receives fixed interest, the coupon, and gets theFace Valueback at maturity.

GB15Y is the market label for the UK government bond, or gilt, with roughly fifteen years left until repayment. A gilt is aLoanto the UK government, which pays the holder fixed interest, the coupon, and returns theFace Valueat maturity.

GB15Y denotes the UK government bond, or gilt, with about fifteen years until it repays. A gilt is aLoanto the UK government, which pays fixed interest, the coupon, and returns theFace Valueat maturity.

GB08Y is the market code for a UK gilt with roughly eight years remaining until it matures. Gilts are bonds issued by HM Treasury via theDebtManagement Office to finance public spending beyond what taxation covers. Holding one means lending to the government in exchange …

GB08Y is a UK gilt, a bond issued by the government through theDebtManagement Office, with about eight years left to maturity. Investors who hold it receive a fixed coupon and the return of theirCapitalat redemption. Because those payments are fixed in cash terms, inflation …

GB09Y is the market shorthand for a UK gilt with roughly nine years left until it matures. Gilts are bonds issued by HM Treasury through theDebtManagement Office to fund spending that taxes do not cover. Buying one means lending to the government in return …