Skip to main content
market.news — Markets without borders
Bonds

Gilts

UK government bonds — equivalent of US Treasuries.

In depth

Issued by HM Treasury via the Debt Management Office. The 2022 "mini-budget" gilt crisis (LDI-driven yield spike) showed how gilts can transmit pension stress to global markets. Index-linked gilts are UK's TIPS equivalent.

Frequently asked about Gilts

What is Gilts?

UK government bonds — equivalent of US Treasuries. Issued by HM Treasury via the Debt Management Office. The 2022 "mini-budget" gilt crisis (LDI-driven yield spike) showed how gilts can transmit pension stress to global markets. Index-linked gilts are UK's TIPS equivalent.

Why does Gilts matter for investors?

In bonds, Gilts is one of the building blocks investors use to compare opportunities and assess risk. Understanding it helps you read research notes, earnings reports, and market commentary without getting lost in jargon.

How is Gilts used in practice?

Issued by HM Treasury via the Debt Management Office. The 2022 "mini-budget" gilt crisis (LDI-driven yield spike) showed how gilts can transmit pension stress to global markets.

Recent news mentioning Gilts

Asia Wrap — 2026-05-12: Geopolitics, Gilts & Bessent Dominate as Markets Brace for US CPI

Daily Market Briefing — AI synthesis of 30 top stories from the last 24 hours. * Top theme: Middle East tensions remained front-and-centre — the Strait of Hormuz closure continued to disrupt LNG flows, with ADNOC Gas saying it is ready to export 'as soon as Hormuz reopens,' while Trump signalled possible resumption of military action against Iran after meeting his national security team, keeping crude and USD bid. * Second theme: UK political risk rattled sterling and gilts — growing Labour c

May 12, 2026

UK Pre-market Briefing — 2026-05-06: Iran War Fallout Hits FTSE, Gilts, and Jet Fuel Costs

Daily Market Briefing — AI synthesis of 30 top stories from the last 24 hours. * Top theme: The US-Israel war on Iran continues to dominate — FTSE 100 fell 1.4% on Tuesday, jet fuel prices have doubled since the war began with 2 million airline seats cut and ~13,000 fewer flights in May alone, while 80% of Britons polled fear food price rises from the conflict (Opinium survey). * Second theme: UK gilt markets under pressure — long-term borrowing costs hit a 28-year high amid jitters ahead of

May 6, 2026

Bank of England Explains Index-Linked Gilts Tied to UK Retail Prices Index

The Quick Take * Index-linked Treasury stocks are UK Government gilts with coupon payments indexed to the Retail Prices Index (RPI) * Coupon payments are made twice yearly, with amounts adjusted in line with RPI inflation movements * No market price movement or institutional reaction data is available in the current source material * RPI-linked gilt payouts will continue to track UK inflation trajectory, making upcoming RPI prints critical for payment sizing * Global inflation-linked bond

Apr 28, 2026

Related terms

Looking for more financial terms?

Browse Full Glossary →