Gilts?

BeccaLouJ9
BeccaLouJ9 Registered Posts: 875 Epic contributor 🐘
in AAT student discussion
Can anyone explain these to me in simple terms- really simple terms..!?
Ta in advance

Becca

Comments

  • Marga
    Marga Registered Posts: 971 Epic contributor 🐘
    sorry i read GIFTS! lol must be the season!
  • BeccaLouJ9
    BeccaLouJ9 Registered Posts: 875 Epic contributor 🐘
    Haha I wish it was GIFTS!
  • PGM
    PGM Registered Posts: 1,937 Beyond epic contributor 🧙‍♂️
    There really just government bonds. We're you usually get paid a fixed every six months until maturity
  • katz568
    katz568 Registered Posts: 91 Regular contributor ⭐
    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.
    Katrina
  • BeccaLouJ9
    BeccaLouJ9 Registered Posts: 875 Epic contributor 🐘
    Ah, that makes sense, Thank you.

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