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:
“The time passes so quickly during these full and active middle years that most people arrive at the end of middle age and the beginning of later maturity with surprise and a sense of having finished the journey while they were still preparing to commence it.”
—Robert Havighurst (20th century)