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:
“When a man reaches his maturity in understanding and in years, the feeling comes over him that his father was wrong to beget him.”
—Friedrich Nietzsche (1844–1900)