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What's a gilt?
It’s a type of bond. Instead of lending money to a company, it’s lent to the UK Government. It's called a 'Gilt' because the original paper certificates had a gilt (or gilded) edge.
It’s a type of bond. Instead of lending money to a company, it’s lent to the UK Government. It's called a 'Gilt' because the original paper certificates had a gilt (or gilded) edge.