Buying government gilts

t8769

What's the best way for me to buy Government gilts?


Thanks

wmb194

t8769 said:

What's the best way for me to buy Government gilts?


Thanks

Look for the other recent threads on this but by using stockbroker that deals in them.  E.g., Hargreaves Lansdown.

https://www.hl.co.uk/shares/corporate-bonds-gilts/bond-prices/uk-gilts

t8769

Thanks for the info.

Do you think they are a wise investment, with interest rates of 4%, they look attractive. 

soulsaver

t8769 said:

Do you think they are a wise investment, with interest rates of 4%, they look attractive. 

Which are paying 4%?

PS Interactive Investor, IWeb also for at least some gilts. Think HL has the best data though.

wmb194

t8769 said:

Thanks for the info.

Do you think they are a wise investment, with interest rates of 4%, they look attractive. 

Well, they’re as low risk as you can get for British assets. Whether 4% is a good investment or not depends on your circumstances, attitude to risk, how they fit in your portfolio and so on. One advantage over a fixed rate savings bond is that you can sell them at any time the markets are open.

Frequentlyhere

wmb194 said:

 One advantage over a fixed rate savings bond is that you can sell them at any time the markets are open.

But you may not want to if you've bought a long-ish duration gilt and bond yields continue to rise ;-)

Linton

soulsaver said:

t8769 said:

Do you think they are a wise investment, with interest rates of 4%, they look attractive. 

Which are paying 4%?

PS Interactive Investor, IWeb also for at least some gilts. Think HL has the best data though.

Quite a choice:
 https://www.hl.co.uk/shares/corporate-bonds-gilts/bond-prices/uk-gilts

GeoffTF

Linton said:

soulsaver said:

t8769 said:

Do you think they are a wise investment, with interest rates of 4%, they look attractive. 

Which are paying 4%?

PS Interactive Investor, IWeb also for at least some gilts. Think HL has the best data though.

Quite a choice:
 https://www.hl.co.uk/shares/corporate-bonds-gilts/bond-prices/uk-gilts

They are the coupons not the redemption yields. You can find the redemption yields by opening a free account here:

https://reports.tradeweb.com/account/login/

You can learn about gilts here:

https://www.dmo.gov.uk/responsibilities/gilt-market/

Linton

GeoffTF said:

Linton said:

soulsaver said:

t8769 said:

Do you think they are a wise investment, with interest rates of 4%, they look attractive. 

Which are paying 4%?

PS Interactive Investor, IWeb also for at least some gilts. Think HL has the best data though.

Quite a choice:
 https://www.hl.co.uk/shares/corporate-bonds-gilts/bond-prices/uk-gilts

They are the coupons not the redemption yields. You can find the redemption yields by opening a free account here:

https://reports.tradeweb.com/account/login/

You can learn about gilts here:

https://www.dmo.gov.uk/responsibilities/gilt-market/

The gilts with a coupon of around 4% on the HL list are priced very close to £100.  So the coupon is a fair comparison with the rates available from fixed term savings accounts.  Clearly if the price is very different it would not be.

t8769

Thanks for the info!

wmb194

Frequentlyhere said:

wmb194 said:

 One advantage over a fixed rate savings bond is that you can sell them at any time the markets are open.

But you may not want to if you've bought a long-ish duration gilt and bond yields continue to rise ;-)

Sure, but it's still an advantage versus a no access bond. You might decide the 'penalty' is worth it if something crops up that's vastly better or you realise you need the money.