What is a gilt? - MoneyWeek Videos

Gilts are used by the government to raise money from investors to fill the gap between revenue (taxes) and spending.
They are far more important to the financial system than any other asset.
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[@janzacharias3680]

Thanks for the explanation, haven't heard that word before!

[@Robis9267]

This is just stupid, why not call them bonds, for what they actually are?