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
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