Maturity of Gilts
The maturity of gilts is defined by the DMO is as follows: short 0–7 years, medium 7–15 years and long 15 years+.
Gilts with a maturity of less than three years are also referred to as "ultra short", while the new gilts issued since 2005 with a maturity of 50 years have been referred to as "ultra long".
Read more about this topic: Gilt-edged Securities
Famous quotes containing the word maturity:
“Our children do not want models of perfection, neither do they want us to be buddies, friends, or confidants who never rise above their own levels of maturity and experience. We need to walk that middle ground between perfection and peerage, between intense meddling and apathy—the middle ground where our values, standards, and expectations can be shared with our children.”
—Neil Kurshan (20th century)