index-linked

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index-linked

(of an income payment such as a wage, or the value of an asset such as a house), connected to a PRICE INDEX in some predetermined proportion, so that, for example, if the retail price index increases, a wage payment will be automatically adjusted by the same proportion. Indexation is a means of protecting the PURCHASING POWER of an income payment or the value of an asset against erosion by INFLATION.

index-linked

adj. (of a VARIABLE) having a value determined in proportion to a specified index. For example, many pension schemes are linked to the RETAIL PRICE INDEX so that as retail prices increase year by year, pensions increase by the same proportion so as to maintain their value in real terms. See BASE YEAR, INDEXATION, INDEX NUMBER, PRICE INDEX, REAL VALUES.

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In accordance with the terms of the prospectus dated 14 January 1983, the rate of interest payable on the 2 1/2% index-linked treasury stock 2016 for the interest payment due on 26 January 2015 will be GBP3.

Bank of England releases rates of interest on index-linked treasury stocks

Bank of England on Tuesday announced that the rate of interest payable on the 2 1/2% Index-linked treasury stock will be GBP3.

Bank of England reveals interest rate on 2 1/2% Index-linked treasury stock

The DMO has invited all other panel member index-linked gilt-edged market makers (GEMM) to be co-lead managers of the offering.

-BofA, Deutsche Bank, Goldman Sachs, Nomura to run UK DMO's gilt offering

Any change to the RPI index would have reduced future pension increases and cut the income of investors in index-linked government bonds.

UK sticks with RPI

17 May 2012 - Finland's Pohjola Bank Plc plans to place an index-linked bond with a volume of up to EUR40m (USD51m) under its domestic bond programme, the lender said.

-Pohjola Bank to sell EUR40m index bond

Fortunately, the then Chancellor, Denis Healey, introduced the Index-linked Natonal Savings Certificate.

Personal Finance: Bay City Roller mania and inflation at 26pc

Income from UK private pensions and index-linked government bonds could be reduced under new proposals put forward yesterday to narrow the gap between the CPI and RPI measures of inflation.

Proposed change to UK's RPI inflation measure could hit pension income

13 April 2012 - Finland's Pohjola Bank Plc plans to sell an index-linked bond with a volume of up to EUR40m (USD52.

-Pohjola Bank plans up to EUR40m index bond

-Pohjola Bank to issue EUR40m index-linked bond

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