Definition of "gilts" []

• Plural form of gilt. (noun)

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• "The change in gilts is an oddity to do with pension funding requirements and actually shows that we need to be less concerned about debt than you say - because we can refinance it all at 1%."
• "While the current spread of 2.5 percentage points over 10-year gilts is wide by historical standards, interest rates are likely to rise by 2014."
• "The UK announced plans to raise an extra £37. 4bn ($56. 5bn) in gilts this year in the PBR."