UK gilt tracker
UK government bonds (gilts) pay a fixed coupon every six months and return their face value (£100) at maturity. Capital gains on gilts are tax-free for individuals, but coupon payments are subject to income tax. This means the effective yield depends on your tax rate: higher-rate taxpayers keep less of the coupon income, making low-coupon gilts (which return more via capital gains) relatively more attractive.
I used to use YieldGimp for this kind of thing and found it really useful. This isn’t affiliated with or based on YieldGimp in any way — just independently motivated by the same idea of making gilt yield comparisons easy.
Prices are updated three times per day: at market open, 1pm, and market close. You can toggle between clean price (the quoted market price) and dirty price (clean price plus accrued interest, i.e. what you actually pay). Click any column header to sort. Hover over yield column headers for definitions. Rows with low coupons (0.5% or less) are highlighted in green — these tend to be more tax-efficient since most of their return comes from tax-free capital gains.
Please read the disclaimer at the bottom of this page.
Conventional gilts
| Gilt | Coupon | Price | Gross yield | Net yield (20%) | Grossed-up equiv. (20%) | Income yield |
|---|
Index-linked gilts
Index-linked gilt yields shown here are nominal yields based on current prices, not real (inflation-adjusted) yields. The actual return will depend on future RPI inflation, which adjusts both coupon payments and the redemption value.
| Gilt | Coupon | Price | Gross yield | Net yield (20%) | Grossed-up equiv. (20%) | Income yield |
|---|
Disclaimer
This page is for informational and educational purposes only and does not constitute financial advice. I make no warranty or representation that any data, prices, yields, or calculations shown here are accurate, complete, or up to date. You should not rely on anything on this page when making investment or financial decisions. Always do your own research, verify data independently, and consult a qualified financial adviser before buying or selling any securities.