- Home
- > Share Dealing
- > Investment Options
- > Gilt Information
Gilt Edged Securities
Gilt Edged Securities or Gilts are bonds issued by HM Treasury. They are designed for people who want a predictable rate of income at very low risk. Gilts are known for their security and are viewed as the safest of investments,
however several factors can affect their value such as inflation, interest rates and other competing forms of investment and the time left until maturity.
Typically, a Gilt can be bought or sold at anytime for the present market price with no penalties. Once maturity is reached, the stock is bought back by the Government at face value. It should be noted that when a Gilt gets closer to redemption, the price of the Gilt moves towards the redemption value. This is known as the 'pull to redemption'.
With Halifax Share Dealing, you are able to hold Gilts in our Share Dealing Account, our Self-Select Stocks & Shares ISA* and our SIPP products.
| Five Key Benefits of trading Gilts with Halifax Share Dealing |
| 1. An extremely reliable and secure investment with a guaranteed return issued by HM Treasury. |
| 2. Gilts are free from Capital Gains Tax |
| 3. Conventional Gilts are a liability of the Government which guarantees to pay the holder of the gilt a fixed cash payment (coupon) until the maturity date, at which point the holder receives the final coupon payment and the return of the principal deposit. |
| 4. Index-linked Gilts are similar to Conventional Gilts however they differ in that the coupon payments are adjusted in line with the UK Retail Prices Index (RPI). This means that both the coupons and the redemption of these gilts are adjusted to take account of inflation. |
| 5. The name of a Gilt includes the interest rate which you will receive for added transparency |
*Subject to there being 5 years or more left until maturity
Please note that Gilts are ineligible for the Halifax ShareBuilder product.
Opening Your Account
Your Halifax Share Dealing Account can be opened with a £100 initial deposit. This can then be invested into any eligible investment of your choice.
Transfer from your current provider- Find out more about how to transfer from your existing provider to a Halifax Share Dealing!
Next Steps
|
Apply online for an account - it only takes a few minutes |
Telephone our UK based call centre on 08457 22 55 25* to find out more today (lines are open 8am - 9.15pm Monday to Friday and 9am -1pm Saturday excluding English Bank Holidays.)
Please remember the value of your investments and the income from them can go down as well as up. You may not get back the full amount you have invested. If you're in any doubt about the suitability of any of our products, or whether to buy or sell shares, you should consult an appropriate Financial Adviser.
Click here to view our Regulatory Information
Calls from BT landlines to 0845 numbers will cost no more than 2p a minute plus a 7p connection fee. The price of calls through other phone companies and from mobile phones will be different. Call price correct as of 28th October 2008.
