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TR39

LSE
63.78000 GBP
0.184
0.29%
Last update Jun 20, 9:30 AM BST
Market closed
Day range
63.78000
63.78500
Previous close
63.59600
Open
63.78500
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United Kingdom Gilt 1.125% 31-Jan-2039
63.78
0.18
0.29%

Overview

Description

The United Kingdom Gilt 1.125% 31-Jan-2039 is a long-dated government bond issued by the UK government, offering a fixed annual nominal interest rate of 1.125% until its maturity in January 2039. Gilts, particularly this one, serve the primary function of raising capital for the government to fund public spending and investment projects. As a sovereign bond, it represents a significant component of the UK debt market, providing a benchmark for interest rates and risk assessment in the financial sector. Investors interested in long-term government-backed securities may find this gilt appealing due to its relatively lengthy maturity, allowing for a stable, predictable income stream for nearly two decades. It is regarded as a low-risk investment instrument, given the backing of the UK government, and plays a crucial role in portfolios seeking to balance risk and yield. The presence of such gilts is essential for institutional investors like pension funds and insurance companies that require stable, long-term investments to match their long-term liabilities. Overall, this gilt contributes to the liquidity and depth of the UK fixed-income market, influencing interest rate trends and economic stability.

About

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Instrument type
Common stock
Sector
Industry
Country
United Kingdom
MIC code
XLON
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