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Q.

Which /what are gild edged securites?

Asked by jameel ahmed, 01 Aug '07 12:03 pm
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Answers (5)

 
1.

First Class Govt Securities
Answered by Sheetal k, 02 Aug '07 09:57 am

 
  
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2.

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-edged securities, or gilts for short. Generally, when a market participant refers to gilts, what is meant is British gilts unless otherwise specified.
Historically, gilt names referred to their purpose of issuance, or signified how a stock had been created, such as 10% Conversion Stock 1999. In recent years, gilts have been generally named Treasury Stocks. However, from 2005-2006, all new issues of gilts are to be called Treasury Gilts.
Index-linked Gilts
These account for around a quarter of UK government debt. The UK was one of the first developed economies to issue index-linked bonds in 1981, and has issued 19 index-linked bonds since that date. Like conventional gilts, index-linked gilts pay coupons in line with market interest rates. ...more
Answered by L KINI, 02 Aug '07 04:33 am

 
  
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3.

Gilt-edged securities which have a redemption date on or after 1 January 1992, disposals of which are exempt from tax on chargeable gains in accordance with section 115 of the Taxation of Chargeable Gains Act 1992.
Answered by ANURADHA PATHAKJ, 01 Aug '07 02:27 pm

 
  
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4.

Her ability
Answered by pinky, 01 Aug '07 02:26 pm

 
  
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5.

Those of the highest quality and reliability
Answered by Saj Sierra, 01 Aug '07 01:20 pm

 
  
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