Gilts, also known as gilt-edged securities or UK government bonds, represent a significant part of the United Kingdom’s financial system. These are bonds issued by the British government (HM Treasury) to raise funds for public spending and manage the national debt. The term “gilt-edged” originally referred to the gold edges on the certificates, signifying their safety and reliability, as the British government was considered highly unlikely to default. Information on gilts, including their characteristics, trading, and impact on the economy, is readily available on Wikipedia and other financial resources.
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