General Knowledge - Indian Economy - Discussion
Discussion Forum : Indian Economy - Indian Economy (Q.No. 4)
4.
Gilt-edged market means
Discussion:
23 comments Page 1 of 3.
Adi said:
1 decade ago
May I know the full description of gilt-edged market please.
Akky said:
1 decade ago
I want to know about gilt-edged market.
Atul handa said:
1 decade ago
Gilts are bonds issued by certain national governments. The term is of British origin, and originally referred to the debt securities issued by the Bank of England, which had a gilt (or gilded) edge. Hence, they are called gilt-edged securities, or gilts for short. The term is also sometimes used in Ireland and some British Commonwealth countries, South Africa and India. When a reference is made to gilts, what is generally meant is British gilts unless otherwise specified. The description below applies to the UK gilt market. ONS data reveal that about two-thirds of all gilts are held by insurance companies and pension funds. During 2009 large quantities of gilts were created and purchased by the Bank of England under its policy of quantitative easing.
The term "Gilt Account" is also a term used by the Reserve Bank of India to refer to a constituent account maintained by a custodian bank for maintenance and servicing of dematerialized Government Securities owned by a retail customer.
The term "Gilt Account" is also a term used by the Reserve Bank of India to refer to a constituent account maintained by a custodian bank for maintenance and servicing of dematerialized Government Securities owned by a retail customer.
Mohan said:
1 decade ago
Its a part of stock market.
Rakesh said:
1 decade ago
Government securities are called guilt-edge.
Atul said:
1 decade ago
Its a part of stock market.
Venkateswarlu said:
1 decade ago
Highest quality or value of market, that is security. Because now days central Govt. invest highest value in budget for protection.
Vignesh said:
1 decade ago
Gilt means gold and so selected metal market.
Bhoop Singh said:
1 decade ago
Its a security agency specially for banking.
Raj kumar said:
1 decade ago
I want know about this Gilt-market.
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