How do Gilts work in practice?

Hoenir

Linton said:

solidpro said:

How about if you just wanted something ultra safe and near-cash for a year or two and you'd maxed out some bank £85k protected bank acounts and savings accounts along with a couple's premium bonds, then maybe a personal investor might consider gilts or gilt funds?

For a year or two you would look at short dated gilts or MM funds.  A typical broad Gilt index fund would be somewhat risky. It could easily go down 5%.in a year

Inverted yield curve appears to be unwinding. Another step in the long normalisation process. Helped by interest rates in the short term looking to edge downwards.