Gilts?
BeccaLouJ9
Registered Posts: 896 Epic contributor 🐘
Can anyone explain these to me in simple terms- really simple terms..!?
Ta in advance
Becca
Ta in advance
Becca
0
Comments
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sorry i read GIFTS! lol must be the season!0
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Haha I wish it was GIFTS!0
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There really just government bonds. We're you usually get paid a fixed every six months until maturity0
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When i was doing my course last year we were told that basically they are IOU's.
In other words you give the government your money and you are given a piece of paper stating that they will pay you so much on such and such a date.
Katrina0 -
Ah, that makes sense, Thank you.0
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