Gilts

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Related to Gilt edged: Gilt edged securities, Gilt Edged Bonds

Gilts

British and Irish government securities. Blue Chip.

Gilt Edged Bond

A private-issued, investment grade bond. Only blue chip companies issue gilt edged bonds and, for that reason, they have high ratings. Gilt edged bonds are considered sufficiently low-risk that the law allows banks to invest in them. In addition to being low-risk, investment-grade bonds are low-return, greatly reducing the cost on the issuer. They are considered the next safest bond to a Treasury security.
References in periodicals archive ?
Fortune was found guilty of careless riding aboard Farfala in the Cantor Fitzgerald Gilt Edged Chalice Stakes and banned for two days, triggering a six-day suspension deferred from June.
Fortune, found guilty of careless riding on Farfala in the Cantor Fitzgerald Gilt Edged Chalice Stakes, was banned for two days.
Fortune received two days for careless riding aboard Farfala in the Cantor Fitzgerald Gilt Edged Chalice Stakes at Newbury, triggering a six-day ban deferred from an earlier suspension.
A spokesman for Northampton-based Gilt Edged Diaries, which produces the RSC's diary, said: "There have been thousands of important or famous people throughout history and we simply cannot include everyone.