Gilt Report — 2026-08-25

Gilts in issue

104

Priced

104

Not calculated

Benchmark divergence

Income tax bands / CGT

0% / 20% / 40% / 45% / 0%

Calc version

1.3

Gilt yield curve

Priced gilts (104)

★	Rank	Gilt	Coupon	Matures	Tenor	Clean	Accr.	Gross	Net
	—	0 3/8% Treasury Gilt 2026 GB00BNNGP668 · Ultra-Short	0.38%	2026-10-22	0-2Y	99.51▲ +0.01%	0.131126d	3.54%▼ -0.9bps	3.05%
🎯 Key metrics Gross yield 3.54%% ▼ -0.9bps DMO yield 3.65%% Net yield 3.05%% Grossed-up yield 5.09%% Curve spread —bps Years to maturity 0.16y Modified duration 0.15y DV01 0.0015 📄 Bond Issue date 2021-03-03 Maturity date 2026-10-22 Ex-dividend date 2026-10-13 Next coupon 2026-10-22 Coupon 0.38%% Tenor 0-2Y 💷 Settlement Clean price 99.51 ▲ +0.01% Dirty price 99.64 Accrued interest 0.131 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -46.7bps Bench —% OIS % —% OIS spr —bps Running 0.38%% Bid / Offer (clean) Bid99.51 spread 0.00 Offer99.51 Bid / Offer (dirty) Bid99.64 — Offer99.64 📈 Holding-period return Consideration £99,510.00 Accrued interest £129.45 Maturity income £35.14 Capital gain £490.00 Total costs £141.40 Net return £383.73 Effective rate 2.46%% Implied rate 4.12%% 🧮 Tax bands 0%net 3.54%tax-eq 3.54%rank 70 20%net 3.30%tax-eq 4.12%rank 67 40%net 3.05%tax-eq 5.09%rank 58 45%net 2.99%tax-eq 5.44%rank 54
	—	4 1/8% Treasury Gilt 2027 GB00BL6C7720 · Ultra-Short	4.13%	2027-01-29	0-2Y	100.04▸ 0.00%	0.33628d	3.98%▼ -0.1bps	2.04%
🎯 Key metrics Gross yield 3.98%% ▼ -0.1bps DMO yield 3.99%% Net yield 2.04%% Grossed-up yield 3.40%% Curve spread —bps Years to maturity 0.43y Modified duration 0.42y DV01 0.0042 📄 Bond Issue date 2022-10-13 Maturity date 2027-01-29 Ex-dividend date 2027-01-20 Next coupon 2027-01-29 Coupon 4.13%% Tenor 0-2Y 💷 Settlement Clean price 100.04 ▸ 0.00% Dirty price 100.38 Accrued interest 0.336 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -3.7bps Bench —% OIS % —% OIS spr —bps Running 4.12%% Bid / Offer (clean) Bid100.03 spread 0.01 Offer100.04 Bid / Offer (dirty) Bid100.37 — Offer100.38 📈 Holding-period return Consideration £100,035.00 Accrued interest £316.44 Maturity income £1,057.81 Capital gain £-35.00 Total costs £328.39 Net return £694.42 Effective rate 1.62%% Implied rate 2.71%% 🧮 Tax bands 0%net 3.98%tax-eq 3.98%rank 69 20%net 3.01%tax-eq 3.76%rank 69 40%net 2.04%tax-eq 3.40%rank 69 45%net 1.79%tax-eq 3.26%rank 69
	—	3¾% Treasury Gilt 2027 GB00BPSNB460 · Ultra-Short	3.75%	2027-03-07	0-2Y	99.85▲ +0.01%	-0.102172d	7.67%▲ +1.0bps	4.77%
🎯 Key metrics Gross yield 7.67%% ▲ +1.0bps DMO yield 4.06%% Net yield 4.77%% Grossed-up yield 7.94%% Curve spread —bps Years to maturity 0.53y Modified duration 0.50y DV01 0.0050 📄 Bond Issue date 2024-01-11 Maturity date 2027-03-07 Ex-dividend date 2026-08-26 Next coupon 2026-09-07 Coupon 3.75%% Tenor 0-2Y 💷 Settlement Clean price 99.85 ▲ +0.01% Dirty price 99.75 Accrued interest -0.102 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +362.8bps Bench —% OIS % —% OIS spr —bps Running 3.76%% Bid / Offer (clean) Bid99.84 spread 0.01 Offer99.85 Bid / Offer (dirty) Bid99.74 — Offer99.75 📈 Holding-period return Consideration £99,845.00 Accrued interest £-123.29 Maturity income £1,189.73 Capital gain £155.00 Total costs £-111.34 Net return £1,456.06 Effective rate 2.75%% Implied rate 4.60%% 🧮 Tax bands 0%net 7.67%tax-eq 7.67%rank 1 20%net 6.21%tax-eq 7.77%rank 1 40%net 4.77%tax-eq 7.94%rank 6 45%net 4.41%tax-eq 8.01%rank 12
	—	1¼% Treasury Gilt 2027 GB00BDRHNP05 · Ultra-Short	1.25%	2027-07-22	0-2Y	97.46▲ +0.01%	0.12635d	4.13%▼ -0.3bps	3.57%
🎯 Key metrics Gross yield 4.13%% ▼ -0.3bps DMO yield 4.18%% Net yield 3.57%% Grossed-up yield 5.94%% Curve spread —bps Years to maturity 0.90y Modified duration 0.88y DV01 0.0086 📄 Bond Issue date 2017-03-15 Maturity date 2027-07-22 Ex-dividend date 2027-01-13 Next coupon 2027-01-22 Coupon 1.25%% Tenor 0-2Y 💷 Settlement Clean price 97.46 ▲ +0.01% Dirty price 97.59 Accrued interest 0.126 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -0.4bps Bench —% OIS % —% OIS spr —bps Running 1.28%% Bid / Offer (clean) Bid97.45 spread 0.02 Offer97.47 Bid / Offer (dirty) Bid97.58 — Offer97.60 📈 Holding-period return Consideration £97,460.00 Accrued interest £119.86 Maturity income £678.08 Capital gain £2,540.00 Total costs £131.81 Net return £3,086.27 Effective rate 3.41%% Implied rate 5.84%% 🧮 Tax bands 0%net 4.13%tax-eq 4.13%rank 67 20%net 3.85%tax-eq 4.81%rank 60 40%net 3.57%tax-eq 5.94%rank 39 45%net 3.49%tax-eq 6.35%rank 31
	—	4¼% Treasury Gilt 2027 GB00B16NNR78 · Ultra-Short	4.25%	2027-12-07	0-2Y	100.01▲ +0.00%	0.95280d	4.22%▼ -0.4bps	2.23%
🎯 Key metrics Gross yield 4.22%% ▼ -0.4bps DMO yield 4.23%% Net yield 2.23%% Grossed-up yield 3.71%% Curve spread —bps Years to maturity 1.28y Modified duration 1.22y DV01 0.0124 📄 Bond Issue date 2006-09-06 Maturity date 2027-12-07 Ex-dividend date 2026-11-26 Next coupon 2026-12-07 Coupon 4.25%% Tenor 0-2Y 💷 Settlement Clean price 100.01 ▲ +0.00% Dirty price 100.96 Accrued interest 0.952 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +1.8bps Bench —% OIS % —% OIS spr —bps Running 4.25%% Bid / Offer (clean) Bid99.99 spread 0.04 Offer100.03 Bid / Offer (dirty) Bid100.94 — Offer100.98 📈 Holding-period return Consideration £100,010.00 Accrued interest £931.51 Maturity income £3,269.59 Capital gain £-10.00 Total costs £943.46 Net return £2,316.13 Effective rate 1.81%% Implied rate 3.01%% 🧮 Tax bands 0%net 4.22%tax-eq 4.22%rank 66 20%net 3.22%tax-eq 4.03%rank 68 40%net 2.23%tax-eq 3.71%rank 68 45%net 1.98%tax-eq 3.60%rank 68
	—	0 1/8% Treasury Gilt 2028 GB00BMBL1G81 · Ultra-Short	0.13%	2028-01-31	0-2Y	94.60▲ +0.03%	0.01026d	4.05%▼ -1.5bps	4.00%
🎯 Key metrics Gross yield 4.05%% ▼ -1.5bps DMO yield 4.03%% Net yield 4.00%% Grossed-up yield 6.66%% Curve spread —bps Years to maturity 1.43y Modified duration 1.40y DV01 0.0132 📄 Bond Issue date 2020-06-12 Maturity date 2028-01-31 Ex-dividend date 2027-01-21 Next coupon 2027-01-31 Coupon 0.13%% Tenor 0-2Y 💷 Settlement Clean price 94.60 ▲ +0.03% Dirty price 94.61 Accrued interest 0.010 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -16.1bps Bench —% OIS % —% OIS spr —bps Running 0.13%% Bid / Offer (clean) Bid94.58 spread 0.04 Offer94.62 Bid / Offer (dirty) Bid94.59 — Offer94.63 📈 Holding-period return Consideration £94,600.00 Accrued interest £8.90 Maturity income £107.47 Capital gain £5,400.00 Total costs £20.85 Net return £5,486.61 Effective rate 3.83%% Implied rate 6.75%% 🧮 Tax bands 0%net 4.05%tax-eq 4.05%rank 68 20%net 4.02%tax-eq 5.03%rank 54 40%net 4.00%tax-eq 6.66%rank 24 45%net 3.99%tax-eq 7.25%rank 21
	—	4 3/8% Treasury Gilt 2028 GB00BSQNRC93 · Ultra-Short	4.38%	2028-03-07	0-2Y	100.05▲ +0.00%	-0.119172d	5.84%▼ -0.1bps	3.50%
🎯 Key metrics Gross yield 5.84%% ▼ -0.1bps DMO yield 4.32%% Net yield 3.50%% Grossed-up yield 5.83%% Curve spread —bps Years to maturity 1.53y Modified duration 1.43y DV01 0.0143 📄 Bond Issue date 2024-11-14 Maturity date 2028-03-07 Ex-dividend date 2026-08-26 Next coupon 2026-09-07 Coupon 4.38%% Tenor 0-2Y 💷 Settlement Clean price 100.05 ▲ +0.00% Dirty price 99.93 Accrued interest -0.119 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +159.7bps Bench —% OIS % —% OIS spr —bps Running 4.37%% Bid / Offer (clean) Bid100.03 spread 0.04 Offer100.07 Bid / Offer (dirty) Bid99.91 — Offer99.95 📈 Holding-period return Consideration £100,050.00 Accrued interest £-143.84 Maturity income £4,020.21 Capital gain £-50.00 Total costs £-131.89 Net return £4,102.09 Effective rate 2.68%% Implied rate 4.46%% 🧮 Tax bands 0%net 5.84%tax-eq 5.84%rank 2 20%net 4.66%tax-eq 5.83%rank 29 40%net 3.50%tax-eq 5.83%rank 45 45%net 3.21%tax-eq 5.84%rank 46
	—	4½% Treasury Gilt 2028 GB00BMF9LG83 · Ultra-Short	4.50%	2028-06-07	0-2Y	100.23▲ +0.01%	1.00880d	4.35%▼ -0.6bps	2.33%
🎯 Key metrics Gross yield 4.35%% ▼ -0.6bps DMO yield 4.34%% Net yield 2.33%% Grossed-up yield 3.88%% Curve spread —bps Years to maturity 1.78y Modified duration 1.68y DV01 0.0170 📄 Bond Issue date 2023-06-21 Maturity date 2028-06-07 Ex-dividend date 2026-11-26 Next coupon 2026-12-07 Coupon 4.50%% Tenor 0-2Y 💷 Settlement Clean price 100.23 ▲ +0.01% Dirty price 101.24 Accrued interest 1.008 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +8.6bps Bench —% OIS % —% OIS spr —bps Running 4.49%% Bid / Offer (clean) Bid100.20 spread 0.05 Offer100.25 Bid / Offer (dirty) Bid101.21 — Offer101.26 📈 Holding-period return Consideration £100,225.00 Accrued interest £986.30 Maturity income £4,815.62 Capital gain £-225.00 Total costs £998.25 Net return £3,592.37 Effective rate 2.01%% Implied rate 3.35%% 🧮 Tax bands 0%net 4.35%tax-eq 4.35%rank 62 20%net 3.34%tax-eq 4.17%rank 66 40%net 2.33%tax-eq 3.88%rank 67 45%net 2.08%tax-eq 3.78%rank 67
	—	1 5/8% Treasury Gilt 2028 GB00BFX0ZL78 · Ultra-Short	1.63%	2028-10-22	2-5Y	94.54▲ +0.02%	0.568126d	4.30%▼ -0.7bps	3.51%
🎯 Key metrics Gross yield 4.30%% ▼ -0.7bps DMO yield 4.29%% Net yield 3.51%% Grossed-up yield 5.86%% Curve spread —bps Years to maturity 2.16y Modified duration 2.07y DV01 0.0197 📄 Bond Issue date 2018-03-16 Maturity date 2028-10-22 Ex-dividend date 2026-10-13 Next coupon 2026-10-22 Coupon 1.63%% Tenor 2-5Y 💷 Settlement Clean price 94.54 ▲ +0.02% Dirty price 95.11 Accrued interest 0.568 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -0.3bps Bench —% OIS % —% OIS spr —bps Running 1.72%% Bid / Offer (clean) Bid94.51 spread 0.06 Offer94.57 Bid / Offer (dirty) Bid95.08 — Offer95.14 📈 Holding-period return Consideration £94,540.00 Accrued interest £560.96 Maturity income £2,104.93 Capital gain £5,460.00 Total costs £572.91 Net return £6,992.02 Effective rate 3.24%% Implied rate 5.71%% 🧮 Tax bands 0%net 4.30%tax-eq 4.30%rank 64 20%net 3.91%tax-eq 4.88%rank 58 40%net 3.51%tax-eq 5.86%rank 44 45%net 3.42%tax-eq 6.21%rank 38
	—	6% Treasury Stock 2028 GB0002404191 · Ultra-Short	6.00%	2028-12-07	2-5Y	103.71▲ +0.00%	1.34480d	4.26%▼ -0.4bps	1.68%
🎯 Key metrics Gross yield 4.26%% ▼ -0.4bps DMO yield 4.24%% Net yield 1.68%% Grossed-up yield 2.81%% Curve spread —bps Years to maturity 2.28y Modified duration 2.10y DV01 0.0220 📄 Bond Issue date 1998-01-29 Maturity date 2028-12-07 Ex-dividend date 2026-11-26 Next coupon 2026-12-07 Coupon 6.00%% Tenor 2-5Y 💷 Settlement Clean price 103.71 ▲ +0.00% Dirty price 105.05 Accrued interest 1.344 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -5.9bps Bench —% OIS % —% OIS spr —bps Running 5.79%% Bid / Offer (clean) Bid103.68 spread 0.06 Offer103.74 Bid / Offer (dirty) Bid105.02 — Offer105.08 📈 Holding-period return Consideration £103,710.00 Accrued interest £1,315.07 Maturity income £8,225.75 Capital gain £-3,710.00 Total costs £1,327.02 Net return £3,188.73 Effective rate 1.40%% Implied rate 2.24%% 🧮 Tax bands 0%net 4.26%tax-eq 4.26%rank 65 20%net 2.97%tax-eq 3.71%rank 70 40%net 1.68%tax-eq 2.81%rank 70 45%net 1.36%tax-eq 2.48%rank 70
	—	0½% Treasury Gilt 2029 GB00BLPK7227 · Ultra-Short	0.50%	2029-01-31	2-5Y	91.29▲ +0.03%	0.03826d	4.32%▼ -0.7bps	4.10%
🎯 Key metrics Gross yield 4.32%% ▼ -0.7bps DMO yield 4.30%% Net yield 4.10%% Grossed-up yield 6.83%% Curve spread —bps Years to maturity 2.43y Modified duration 2.37y DV01 0.0216 📄 Bond Issue date 2021-09-02 Maturity date 2029-01-31 Ex-dividend date 2027-01-21 Next coupon 2027-01-31 Coupon 0.50%% Tenor 2-5Y 💷 Settlement Clean price 91.29 ▲ +0.03% Dirty price 91.33 Accrued interest 0.038 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -1.2bps Bench —% OIS % —% OIS spr —bps Running 0.55%% Bid / Offer (clean) Bid91.25 spread 0.07 Offer91.32 Bid / Offer (dirty) Bid91.29 — Offer91.36 📈 Holding-period return Consideration £91,285.00 Accrued interest £35.62 Maturity income £730.68 Capital gain £8,715.00 Total costs £47.57 Net return £9,398.12 Effective rate 3.86%% Implied rate 7.05%% 🧮 Tax bands 0%net 4.32%tax-eq 4.32%rank 63 20%net 4.21%tax-eq 5.26%rank 47 40%net 4.10%tax-eq 6.83%rank 20 45%net 4.07%tax-eq 7.40%rank 19
	—	4% Treasury Gilt 2029 GB00BVP99566 · Ultra-Short	4.00%	2029-05-22	2-5Y	98.83▲ +0.03%	1.06596d	4.45%▼ -0.9bps	2.68%
🎯 Key metrics Gross yield 4.45%% ▼ -0.9bps DMO yield 4.43%% Net yield 2.68%% Grossed-up yield 4.46%% Curve spread —bps Years to maturity 2.74y Modified duration 2.54y DV01 0.0254 📄 Bond Issue date 2025-10-09 Maturity date 2029-05-22 Ex-dividend date 2026-11-12 Next coupon 2026-11-22 Coupon 4.00%% Tenor 2-5Y 💷 Settlement Clean price 98.83 ▲ +0.03% Dirty price 99.90 Accrued interest 1.065 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +9.4bps Bench —% OIS % —% OIS spr —bps Running 4.05%% Bid / Offer (clean) Bid98.79 spread 0.08 Offer98.87 Bid / Offer (dirty) Bid99.86 — Offer99.94 📈 Holding-period return Consideration £98,830.00 Accrued interest £1,052.05 Maturity income £6,575.34 Capital gain £1,170.00 Total costs £1,064.00 Net return £6,681.34 Effective rate 2.44%% Implied rate 4.11%% 🧮 Tax bands 0%net 4.45%tax-eq 4.45%rank 59 20%net 3.56%tax-eq 4.45%rank 64 40%net 2.68%tax-eq 4.46%rank 65 45%net 2.46%tax-eq 4.47%rank 65
	—	4 1/8% Treasury Gilt 2029 GB00BQC82B83 · Ultra-Short	4.13%	2029-07-22	2-5Y	99.10▲ +0.02%	0.41535d	4.45%▼ -0.7bps	2.73%
🎯 Key metrics Gross yield 4.45%% ▼ -0.7bps DMO yield 4.43%% Net yield 2.73%% Grossed-up yield 4.56%% Curve spread —bps Years to maturity 2.90y Modified duration 2.70y DV01 0.0268 📄 Bond Issue date 2024-05-01 Maturity date 2029-07-22 Ex-dividend date 2027-01-13 Next coupon 2027-01-22 Coupon 4.13%% Tenor 2-5Y 💷 Settlement Clean price 99.10 ▲ +0.02% Dirty price 99.51 Accrued interest 0.415 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +7.9bps Bench —% OIS % —% OIS spr —bps Running 4.16%% Bid / Offer (clean) Bid99.06 spread 0.08 Offer99.14 Bid / Offer (dirty) Bid99.47 — Offer99.55 📈 Holding-period return Consideration £99,100.00 Accrued interest £395.55 Maturity income £7,194.45 Capital gain £900.00 Total costs £407.50 Net return £7,686.95 Effective rate 2.64%% Implied rate 4.45%% 🧮 Tax bands 0%net 4.45%tax-eq 4.45%rank 58 20%net 3.59%tax-eq 4.49%rank 63 40%net 2.73%tax-eq 4.56%rank 64 45%net 2.52%tax-eq 4.58%rank 64
	—	0 7/8% Treasury Gilt 2029 GB00BJMHB534 · Short	0.88%	2029-10-22	2-5Y	89.72▲ +0.04%	0.306126d	4.40%▼ -1.0bps	3.98%
🎯 Key metrics Gross yield 4.40%% ▼ -1.0bps DMO yield 4.38%% Net yield 3.98%% Grossed-up yield 6.64%% Curve spread —bps Years to maturity 3.16y Modified duration 3.04y DV01 0.0274 📄 Bond Issue date 2019-06-19 Maturity date 2029-10-22 Ex-dividend date 2026-10-13 Next coupon 2026-10-22 Coupon 0.88%% Tenor 2-5Y 💷 Settlement Clean price 89.72 ▲ +0.04% Dirty price 90.03 Accrued interest 0.306 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +0.9bps Bench —% OIS % —% OIS spr —bps Running 0.98%% Bid / Offer (clean) Bid89.67 spread 0.09 Offer89.76 Bid / Offer (dirty) Bid89.98 — Offer90.07 📈 Holding-period return Consideration £89,715.00 Accrued interest £302.05 Maturity income £1,658.42 Capital gain £10,285.00 Total costs £314.00 Net return £11,629.42 Effective rate 3.68%% Implied rate 6.84%% 🧮 Tax bands 0%net 4.40%tax-eq 4.40%rank 61 20%net 4.19%tax-eq 5.24%rank 49 40%net 3.98%tax-eq 6.64%rank 25 45%net 3.93%tax-eq 7.15%rank 22
	—	4 3/8% Treasury Gilt 2030 GB00BSQNRD01 · Short	4.38%	2030-03-07	2-5Y	99.60▲ +0.04%	-0.119172d	5.18%▼ -1.0bps	3.15%
🎯 Key metrics Gross yield 5.18%% ▼ -1.0bps DMO yield 4.47%% Net yield 3.15%% Grossed-up yield 5.25%% Curve spread —bps Years to maturity 3.53y Modified duration 3.16y DV01 0.0314 📄 Bond Issue date 2025-01-09 Maturity date 2030-03-07 Ex-dividend date 2026-08-26 Next coupon 2026-09-07 Coupon 4.38%% Tenor 2-5Y 💷 Settlement Clean price 99.60 ▲ +0.04% Dirty price 99.48 Accrued interest -0.119 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +75.7bps Bench —% OIS % —% OIS spr —bps Running 4.39%% Bid / Offer (clean) Bid99.55 spread 0.09 Offer99.64 Bid / Offer (dirty) Bid99.43 — Offer99.52 📈 Holding-period return Consideration £99,595.00 Accrued interest £-143.84 Maturity income £9,270.21 Capital gain £405.00 Total costs £-131.89 Net return £9,807.09 Effective rate 2.78%% Implied rate 4.65%% 🧮 Tax bands 0%net 5.18%tax-eq 5.18%rank 42 20%net 4.16%tax-eq 5.20%rank 50 40%net 3.15%tax-eq 5.25%rank 55 45%net 2.90%tax-eq 5.27%rank 57
	—	0 3/8% Treasury Gilt 2030 GB00BL68HH02 · Short	0.38%	2030-10-22	2-5Y	84.74▲ +0.05%	0.131126d	4.44%▼ -0.9bps	4.26%
🎯 Key metrics Gross yield 4.44%% ▼ -0.9bps DMO yield 4.41%% Net yield 4.26%% Grossed-up yield 7.10%% Curve spread —bps Years to maturity 4.16y Modified duration 4.03y DV01 0.0342 📄 Bond Issue date 2020-05-13 Maturity date 2030-10-22 Ex-dividend date 2026-10-13 Next coupon 2026-10-22 Coupon 0.38%% Tenor 2-5Y 💷 Settlement Clean price 84.74 ▲ +0.05% Dirty price 84.87 Accrued interest 0.131 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -4.5bps Bench —% OIS % —% OIS spr —bps Running 0.44%% Bid / Offer (clean) Bid84.68 spread 0.11 Offer84.79 Bid / Offer (dirty) Bid84.81 — Offer84.92 📈 Holding-period return Consideration £84,735.00 Accrued interest £129.45 Maturity income £935.75 Capital gain £15,265.00 Total costs £141.40 Net return £16,059.35 Effective rate 3.86%% Implied rate 7.60%% 🧮 Tax bands 0%net 4.44%tax-eq 4.44%rank 60 20%net 4.35%tax-eq 5.43%rank 43 40%net 4.26%tax-eq 7.10%rank 17 45%net 4.23%tax-eq 7.70%rank 17
	—	4¾% Treasury Gilt 2030 GB00B24FF097 · Short	4.75%	2030-12-07	2-5Y	101.09▲ +0.04%	1.06480d	4.46%▼ -1.2bps	2.47%
🎯 Key metrics Gross yield 4.46%% ▼ -1.2bps DMO yield 4.44%% Net yield 2.47%% Grossed-up yield 4.12%% Curve spread —bps Years to maturity 4.28y Modified duration 3.80y DV01 0.0389 📄 Bond Issue date 2007-10-03 Maturity date 2030-12-07 Ex-dividend date 2026-11-26 Next coupon 2026-12-07 Coupon 4.75%% Tenor 2-5Y 💷 Settlement Clean price 101.09 ▲ +0.04% Dirty price 102.15 Accrued interest 1.064 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -3.1bps Bench —% OIS % —% OIS spr —bps Running 4.70%% Bid / Offer (clean) Bid101.03 spread 0.11 Offer101.14 Bid / Offer (dirty) Bid102.09 — Offer102.20 📈 Holding-period return Consideration £101,085.00 Accrued interest £1,041.10 Maturity income £12,212.05 Capital gain £-1,085.00 Total costs £1,053.05 Net return £10,074.01 Effective rate 2.35%% Implied rate 3.88%% 🧮 Tax bands 0%net 4.46%tax-eq 4.46%rank 57 20%net 3.46%tax-eq 4.33%rank 65 40%net 2.47%tax-eq 4.12%rank 66 45%net 2.22%tax-eq 4.04%rank 66
	—	4 1/8% Treasury Gilt 2031 GB00BVP99673 · Short	4.13%	2031-03-07	2-5Y	98.23▲ +0.05%	-0.112172d	5.08%▼ -1.2bps	3.20%
🎯 Key metrics Gross yield 5.08%% ▼ -1.2bps DMO yield 4.53%% Net yield 3.20%% Grossed-up yield 5.33%% Curve spread —bps Years to maturity 4.53y Modified duration 3.99y DV01 0.0391 📄 Bond Issue date 2025-10-24 Maturity date 2031-03-07 Ex-dividend date 2026-08-26 Next coupon 2026-09-07 Coupon 4.13%% Tenor 2-5Y 💷 Settlement Clean price 98.23 ▲ +0.05% Dirty price 98.12 Accrued interest -0.112 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +56.2bps Bench —% OIS % —% OIS spr —bps Running 4.20%% Bid / Offer (clean) Bid98.17 spread 0.12 Offer98.29 Bid / Offer (dirty) Bid98.06 — Offer98.18 📈 Holding-period return Consideration £98,230.00 Accrued interest £-135.62 Maturity income £11,215.48 Capital gain £1,770.00 Total costs £-123.67 Net return £13,109.15 Effective rate 2.89%% Implied rate 4.91%% 🧮 Tax bands 0%net 5.08%tax-eq 5.08%rank 45 20%net 4.14%tax-eq 5.17%rank 51 40%net 3.20%tax-eq 5.33%rank 54 45%net 2.97%tax-eq 5.39%rank 55
	—	0¼% Treasury Gilt 2031 GB00BMGR2809 · Short	0.25%	2031-07-31	2-5Y	81.46▲ +0.07%	0.01926d	4.48%▼ -1.2bps	4.37%
🎯 Key metrics Gross yield 4.48%% ▼ -1.2bps DMO yield 4.46%% Net yield 4.37%% Grossed-up yield 7.28%% Curve spread —bps Years to maturity 4.93y Modified duration 4.79y DV01 0.0390 📄 Bond Issue date 2020-11-13 Maturity date 2031-07-31 Ex-dividend date 2027-01-21 Next coupon 2027-01-31 Coupon 0.25%% Tenor 2-5Y 💷 Settlement Clean price 81.46 ▲ +0.07% Dirty price 81.48 Accrued interest 0.019 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -7.0bps Bench —% OIS % —% OIS spr —bps Running 0.31%% Bid / Offer (clean) Bid81.40 spread 0.11 Offer81.51 Bid / Offer (dirty) Bid81.42 — Offer81.53 📈 Holding-period return Consideration £81,455.00 Accrued interest £17.81 Maturity income £739.73 Capital gain £18,545.00 Total costs £29.76 Net return £19,254.97 Effective rate 3.90%% Implied rate 7.99%% 🧮 Tax bands 0%net 4.48%tax-eq 4.48%rank 56 20%net 4.43%tax-eq 5.53%rank 39 40%net 4.37%tax-eq 7.28%rank 16 45%net 4.36%tax-eq 7.92%rank 14
	—	4% Treasury Gilt 2031 GB00BPSNBF73 · Short	4.00%	2031-10-22	5-10Y	97.23▲ +0.05%	1.399126d	4.60%▼ -1.1bps	2.86%
🎯 Key metrics Gross yield 4.60%% ▼ -1.1bps DMO yield 4.58%% Net yield 2.86%% Grossed-up yield 4.77%% Curve spread —bps Years to maturity 5.16y Modified duration 4.53y DV01 0.0447 📄 Bond Issue date 2024-02-29 Maturity date 2031-10-22 Ex-dividend date 2026-10-13 Next coupon 2026-10-22 Coupon 4.00%% Tenor 5-10Y 💷 Settlement Clean price 97.23 ▲ +0.05% Dirty price 98.63 Accrued interest 1.399 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +2.4bps Bench —% OIS % —% OIS spr —bps Running 4.11%% Bid / Offer (clean) Bid97.16 spread 0.14 Offer97.30 Bid / Offer (dirty) Bid98.56 — Offer98.70 📈 Holding-period return Consideration £97,230.00 Accrued interest £1,380.82 Maturity income £12,381.37 Capital gain £2,770.00 Total costs £1,392.77 Net return £13,758.60 Effective rate 2.67%% Implied rate 4.57%% 🧮 Tax bands 0%net 4.60%tax-eq 4.60%rank 55 20%net 3.73%tax-eq 4.66%rank 61 40%net 2.86%tax-eq 4.77%rank 62 45%net 2.64%tax-eq 4.81%rank 62
	—	1% Treasury Gilt 2032 GB00BM8Z2T38 · Short	1.00%	2032-01-31	5-10Y	82.73▲ +0.08%	0.07626d	4.63%▼ -1.5bps	4.18%
🎯 Key metrics Gross yield 4.63%% ▼ -1.5bps DMO yield 4.61%% Net yield 4.18%% Grossed-up yield 6.97%% Curve spread —bps Years to maturity 5.43y Modified duration 5.16y DV01 0.0427 📄 Bond Issue date 2021-12-02 Maturity date 2032-01-31 Ex-dividend date 2027-01-21 Next coupon 2027-01-31 Coupon 1.00%% Tenor 5-10Y 💷 Settlement Clean price 82.73 ▲ +0.08% Dirty price 82.81 Accrued interest 0.076 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +2.9bps Bench —% OIS % —% OIS spr —bps Running 1.21%% Bid / Offer (clean) Bid82.66 spread 0.13 Offer82.79 Bid / Offer (dirty) Bid82.74 — Offer82.87 📈 Holding-period return Consideration £82,725.00 Accrued interest £71.23 Maturity income £3,261.37 Capital gain £17,275.00 Total costs £83.18 Net return £20,453.19 Effective rate 3.76%% Implied rate 7.58%% 🧮 Tax bands 0%net 4.63%tax-eq 4.63%rank 53 20%net 4.41%tax-eq 5.51%rank 40 40%net 4.18%tax-eq 6.97%rank 19 45%net 4.13%tax-eq 7.50%rank 18
	—	4 5/8% Treasury Gilt 2032 ⚠ GB00BWGDRG14 · Short	4.63%	2032-03-07	5-10Y	99.87▲ +0.06%	0.289172d	5.04%▼ -1.1bps	3.00%
🎯 Key metrics Gross yield 5.04%% ▼ -1.1bps DMO yield 4.62%% Net yield 3.00%% Grossed-up yield 5.00%% Curve spread —bps Years to maturity 5.53y Modified duration 4.71y DV01 0.0472 📄 Bond Issue date 2026-08-05 Maturity date 2032-03-07 Ex-dividend date 2027-02-25 Next coupon 2026-09-07 Coupon 4.63%% Tenor 5-10Y 💷 Settlement Clean price 99.87 ▲ +0.06% Dirty price 100.16 Accrued interest 0.289 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +42.6bps Bench —% OIS % —% OIS spr —bps Running 4.63%% Bid / Offer (clean) Bid99.80 spread 0.14 Offer99.94 Bid / Offer (dirty) Bid100.09 — Offer100.23 📈 Holding-period return Consideration £99,870.00 Accrued interest £2,179.45 Maturity income £15,357.53 Capital gain £130.00 Total costs £2,191.40 Net return £13,296.13 Effective rate 2.40%% Implied rate 4.01%% 🧮 Tax bands 0%net 5.04%tax-eq 5.04%rank 46 20%net 4.02%tax-eq 5.02%rank 55 40%net 3.00%tax-eq 5.00%rank 60 45%net 2.75%tax-eq 4.99%rank 60
	—	4¼% Treasury Stock 2032 GB0004893086 · Short	4.25%	2032-06-07	5-10Y	98.13▲ +0.08%	0.95280d	4.62%▼ -1.6bps	2.83%
🎯 Key metrics Gross yield 4.62%% ▼ -1.6bps DMO yield 4.60%% Net yield 2.83%% Grossed-up yield 4.71%% Curve spread —bps Years to maturity 5.78y Modified duration 5.02y DV01 0.0497 📄 Bond Issue date 2000-05-25 Maturity date 2032-06-07 Ex-dividend date 2026-11-26 Next coupon 2026-12-07 Coupon 4.25%% Tenor 5-10Y 💷 Settlement Clean price 98.13 ▲ +0.08% Dirty price 99.08 Accrued interest 0.952 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -2.4bps Bench —% OIS % —% OIS spr —bps Running 4.33%% Bid / Offer (clean) Bid98.05 spread 0.15 Offer98.20 Bid / Offer (dirty) Bid99.00 — Offer99.15 📈 Holding-period return Consideration £98,125.00 Accrued interest £931.51 Maturity income £14,755.07 Capital gain £1,875.00 Total costs £943.46 Net return £15,686.61 Effective rate 2.71%% Implied rate 4.60%% 🧮 Tax bands 0%net 4.62%tax-eq 4.62%rank 54 20%net 3.72%tax-eq 4.65%rank 62 40%net 2.83%tax-eq 4.71%rank 63 45%net 2.61%tax-eq 4.74%rank 63
	—	3¼% Treasury Gilt 2033 GB00BMV7TC88 · Short	3.25%	2033-01-31	5-10Y	91.86▲ +0.08%	0.24726d	4.73%▼ -1.4bps	3.35%
🎯 Key metrics Gross yield 4.73%% ▼ -1.4bps DMO yield 4.71%% Net yield 3.35%% Grossed-up yield 5.58%% Curve spread —bps Years to maturity 6.43y Modified duration 5.67y DV01 0.0523 📄 Bond Issue date 2023-01-11 Maturity date 2033-01-31 Ex-dividend date 2027-01-21 Next coupon 2027-01-31 Coupon 3.25%% Tenor 5-10Y 💷 Settlement Clean price 91.86 ▲ +0.08% Dirty price 92.11 Accrued interest 0.247 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +1.5bps Bench —% OIS % —% OIS spr —bps Running 3.54%% Bid / Offer (clean) Bid91.78 spread 0.15 Offer91.93 Bid / Offer (dirty) Bid92.03 — Offer92.18 📈 Holding-period return Consideration £91,855.00 Accrued interest £231.51 Maturity income £12,554.79 Capital gain £8,145.00 Total costs £243.46 Net return £20,456.34 Effective rate 3.18%% Implied rate 5.76%% 🧮 Tax bands 0%net 4.73%tax-eq 4.73%rank 52 20%net 4.04%tax-eq 5.05%rank 53 40%net 3.35%tax-eq 5.58%rank 48 45%net 3.18%tax-eq 5.78%rank 47
	—	4 1/8% Treasury Gilt 2033 GB00BVP99780 · Short	4.13%	2033-03-07	5-10Y	96.55▲ +0.10%	-0.112172d	5.13%▼ -1.8bps	3.28%
🎯 Key metrics Gross yield 5.13%% ▼ -1.8bps DMO yield 4.72%% Net yield 3.28%% Grossed-up yield 5.47%% Curve spread —bps Years to maturity 6.53y Modified duration 5.51y DV01 0.0531 📄 Bond Issue date 2025-10-30 Maturity date 2033-03-07 Ex-dividend date 2026-08-26 Next coupon 2026-09-07 Coupon 4.13%% Tenor 5-10Y 💷 Settlement Clean price 96.55 ▲ +0.10% Dirty price 96.44 Accrued interest -0.112 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +40.2bps Bench —% OIS % —% OIS spr —bps Running 4.27%% Bid / Offer (clean) Bid96.46 spread 0.17 Offer96.63 Bid / Offer (dirty) Bid96.35 — Offer96.52 📈 Holding-period return Consideration £96,545.00 Accrued interest £-135.62 Maturity income £16,172.26 Capital gain £3,455.00 Total costs £-123.67 Net return £19,750.93 Effective rate 3.02%% Implied rate 5.22%% 🧮 Tax bands 0%net 5.13%tax-eq 5.13%rank 43 20%net 4.20%tax-eq 5.25%rank 48 40%net 3.28%tax-eq 5.47%rank 51 45%net 3.06%tax-eq 5.56%rank 50
	—	0 7/8% Green Gilt 2033 GB00BM8Z2S21 · Short	0.88%	2033-07-31	5-10Y	77.13▲ +0.10%	0.06726d	4.79%▼ -1.4bps	4.38%
🎯 Key metrics Gross yield 4.79%% ▼ -1.4bps DMO yield 4.77%% Net yield 4.38%% Grossed-up yield 7.31%% Curve spread —bps Years to maturity 6.93y Modified duration 6.54y DV01 0.0505 📄 Bond Issue date 2021-09-22 Maturity date 2033-07-31 Ex-dividend date 2027-01-21 Next coupon 2027-01-31 Coupon 0.88%% Tenor 5-10Y 💷 Settlement Clean price 77.13 ▲ +0.10% Dirty price 77.20 Accrued interest 0.067 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +2.1bps Bench —% OIS % —% OIS spr —bps Running 1.13%% Bid / Offer (clean) Bid77.05 spread 0.15 Offer77.20 Bid / Offer (dirty) Bid77.12 — Offer77.27 📈 Holding-period return Consideration £77,125.00 Accrued interest £62.33 Maturity income £3,640.48 Capital gain £22,875.00 Total costs £74.28 Net return £26,441.20 Effective rate 3.81%% Implied rate 8.24%% 🧮 Tax bands 0%net 4.79%tax-eq 4.79%rank 51 20%net 4.59%tax-eq 5.74%rank 32 40%net 4.38%tax-eq 7.31%rank 15 45%net 4.33%tax-eq 7.88%rank 15
	—	4 5/8% Treasury Gilt 2034 GB00BPJJKN53 · Medium	4.63%	2034-01-31	5-10Y	98.65▲ +0.11%	0.35226d	4.84%▼ -1.7bps	2.96%
🎯 Key metrics Gross yield 4.84%% ▼ -1.7bps DMO yield 4.81%% Net yield 2.96%% Grossed-up yield 4.93%% Curve spread —bps Years to maturity 7.43y Modified duration 6.19y DV01 0.0613 📄 Bond Issue date 2023-10-12 Maturity date 2034-01-31 Ex-dividend date 2027-01-21 Next coupon 2027-01-31 Coupon 4.63%% Tenor 5-10Y 💷 Settlement Clean price 98.65 ▲ +0.11% Dirty price 99.00 Accrued interest 0.352 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +1.3bps Bench —% OIS % —% OIS spr —bps Running 4.69%% Bid / Offer (clean) Bid98.56 spread 0.18 Offer98.74 Bid / Offer (dirty) Bid98.91 — Offer99.09 📈 Holding-period return Consideration £98,650.00 Accrued interest £329.45 Maturity income £20,641.44 Capital gain £1,350.00 Total costs £341.40 Net return £21,650.04 Effective rate 2.91%% Implied rate 4.92%% 🧮 Tax bands 0%net 4.84%tax-eq 4.84%rank 50 20%net 3.90%tax-eq 4.87%rank 59 40%net 2.96%tax-eq 4.93%rank 61 45%net 2.72%tax-eq 4.95%rank 61
	—	4¼% Treasury Gilt 2034 GB00BQC82C90 · Medium	4.25%	2034-07-31	5-10Y	95.83▲ +0.14%	0.32326d	4.89%▼ -2.0bps	3.13%
🎯 Key metrics Gross yield 4.89%% ▼ -2.0bps DMO yield 4.86%% Net yield 3.13%% Grossed-up yield 5.21%% Curve spread —bps Years to maturity 7.93y Modified duration 6.60y DV01 0.0635 📄 Bond Issue date 2024-06-12 Maturity date 2034-07-31 Ex-dividend date 2027-01-21 Next coupon 2027-01-31 Coupon 4.25%% Tenor 5-10Y 💷 Settlement Clean price 95.83 ▲ +0.14% Dirty price 96.15 Accrued interest 0.323 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +0.8bps Bench —% OIS % —% OIS spr —bps Running 4.44%% Bid / Offer (clean) Bid95.73 spread 0.19 Offer95.92 Bid / Offer (dirty) Bid96.05 — Offer96.24 📈 Holding-period return Consideration £95,825.00 Accrued interest £302.74 Maturity income £20,232.33 Capital gain £4,175.00 Total costs £314.69 Net return £24,092.64 Effective rate 3.04%% Implied rate 5.28%% 🧮 Tax bands 0%net 4.89%tax-eq 4.89%rank 49 20%net 4.01%tax-eq 5.01%rank 57 40%net 3.13%tax-eq 5.21%rank 56 45%net 2.91%tax-eq 5.29%rank 56
	—	4½% Treasury Gilt 2034 GB00B52WS153 · Medium	4.50%	2034-09-07	5-10Y	97.48▲ +0.11%	-0.122172d	5.23%▼ -1.7bps	3.26%
🎯 Key metrics Gross yield 5.23%% ▼ -1.7bps DMO yield 4.85%% Net yield 3.26%% Grossed-up yield 5.43%% Curve spread —bps Years to maturity 8.03y Modified duration 6.48y DV01 0.0631 📄 Bond Issue date 2009-06-17 Maturity date 2034-09-07 Ex-dividend date 2026-08-26 Next coupon 2026-09-07 Coupon 4.50%% Tenor 5-10Y 💷 Settlement Clean price 97.48 ▲ +0.11% Dirty price 97.36 Accrued interest -0.122 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +33.7bps Bench —% OIS % —% OIS spr —bps Running 4.62%% Bid / Offer (clean) Bid97.38 spread 0.19 Offer97.57 Bid / Offer (dirty) Bid97.26 — Offer97.45 📈 Holding-period return Consideration £97,475.00 Accrued interest £-147.95 Maturity income £21,703.56 Capital gain £2,525.00 Total costs £-136.00 Net return £24,364.56 Effective rate 3.03%% Implied rate 5.18%% 🧮 Tax bands 0%net 5.23%tax-eq 5.23%rank 41 20%net 4.24%tax-eq 5.30%rank 46 40%net 3.26%tax-eq 5.43%rank 53 45%net 3.01%tax-eq 5.48%rank 53
	—	4½% Treasury Gilt 2035 GB00BT7J0027 · Medium	4.50%	2035-03-07	5-10Y	96.83▲ +0.14%	-0.122172d	5.29%▼ -2.1bps	3.32%
🎯 Key metrics Gross yield 5.29%% ▼ -2.1bps DMO yield 4.93%% Net yield 3.32%% Grossed-up yield 5.53%% Curve spread —bps Years to maturity 8.53y Modified duration 6.80y DV01 0.0657 📄 Bond Issue date 2025-02-12 Maturity date 2035-03-07 Ex-dividend date 2026-08-26 Next coupon 2026-09-07 Coupon 4.50%% Tenor 5-10Y 💷 Settlement Clean price 96.83 ▲ +0.14% Dirty price 96.71 Accrued interest -0.122 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +34.6bps Bench —% OIS % —% OIS spr —bps Running 4.65%% Bid / Offer (clean) Bid96.73 spread 0.20 Offer96.93 Bid / Offer (dirty) Bid96.61 — Offer96.81 📈 Holding-period return Consideration £96,830.00 Accrued interest £-147.95 Maturity income £23,042.47 Capital gain £3,170.00 Total costs £-136.00 Net return £26,348.46 Effective rate 3.09%% Implied rate 5.31%% 🧮 Tax bands 0%net 5.29%tax-eq 5.29%rank 38 20%net 4.30%tax-eq 5.38%rank 44 40%net 3.32%tax-eq 5.53%rank 49 45%net 3.07%tax-eq 5.58%rank 49
	—	0 5/8% Treasury Gilt 2035 GB00BMGR2916 · Medium	0.63%	2035-07-31	5-10Y	68.86▲ +0.17%	0.04826d	4.99%▼ -1.9bps	4.68%
🎯 Key metrics Gross yield 4.99%% ▼ -1.9bps DMO yield 4.96%% Net yield 4.68%% Grossed-up yield 7.80%% Curve spread —bps Years to maturity 8.93y Modified duration 8.42y DV01 0.0580 📄 Bond Issue date 2020-09-09 Maturity date 2035-07-31 Ex-dividend date 2027-01-21 Next coupon 2027-01-31 Coupon 0.63%% Tenor 5-10Y 💷 Settlement Clean price 68.86 ▲ +0.17% Dirty price 68.91 Accrued interest 0.048 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -0.6bps Bench —% OIS % —% OIS spr —bps Running 0.91%% Bid / Offer (clean) Bid68.77 spread 0.18 Offer68.95 Bid / Offer (dirty) Bid68.82 — Offer69.00 📈 Holding-period return Consideration £68,860.00 Accrued interest £44.52 Maturity income £3,350.34 Capital gain £31,140.00 Total costs £56.47 Net return £34,433.87 Effective rate 3.85%% Implied rate 9.33%% 🧮 Tax bands 0%net 4.99%tax-eq 4.99%rank 48 20%net 4.83%tax-eq 6.04%rank 16 40%net 4.68%tax-eq 7.80%rank 10 45%net 4.64%tax-eq 8.44%rank 7
	—	4¾% Treasury Gilt 2035 GB00BTXS1K06 · Medium	4.75%	2035-10-22	5-10Y	98.00▲ +0.15%	1.661126d	5.02%▼ -2.0bps	3.02%
🎯 Key metrics Gross yield 5.02%% ▼ -2.0bps DMO yield 5.00%% Net yield 3.02%% Grossed-up yield 5.03%% Curve spread —bps Years to maturity 9.16y Modified duration 7.21y DV01 0.0718 📄 Bond Issue date 2025-09-03 Maturity date 2035-10-22 Ex-dividend date 2026-10-13 Next coupon 2026-10-22 Coupon 4.75%% Tenor 5-10Y 💷 Settlement Clean price 98.00 ▲ +0.15% Dirty price 99.66 Accrued interest 1.661 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +0.2bps Bench —% OIS % —% OIS spr —bps Running 4.85%% Bid / Offer (clean) Bid97.89 spread 0.21 Offer98.10 Bid / Offer (dirty) Bid99.55 — Offer99.76 📈 Holding-period return Consideration £97,995.00 Accrued interest £1,639.73 Maturity income £26,110.68 Capital gain £2,005.00 Total costs £1,651.68 Net return £26,464.01 Effective rate 2.89%% Implied rate 4.91%% 🧮 Tax bands 0%net 5.02%tax-eq 5.02%rank 47 20%net 4.02%tax-eq 5.02%rank 56 40%net 3.02%tax-eq 5.03%rank 59 45%net 2.77%tax-eq 5.03%rank 59
	—	4¼% Treasury Stock 2036 GB0032452392 · Medium	4.25%	2036-03-07	5-10Y	93.98▲ +0.15%	-0.115172d	5.35%▼ -2.0bps	3.46%
🎯 Key metrics Gross yield 5.35%% ▼ -2.0bps DMO yield 5.02%% Net yield 3.46%% Grossed-up yield 5.76%% Curve spread —bps Years to maturity 9.53y Modified duration 7.49y DV01 0.0703 📄 Bond Issue date 2003-02-27 Maturity date 2036-03-07 Ex-dividend date 2026-08-26 Next coupon 2026-09-07 Coupon 4.25%% Tenor 5-10Y 💷 Settlement Clean price 93.98 ▲ +0.15% Dirty price 93.86 Accrued interest -0.115 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +28.8bps Bench —% OIS % —% OIS spr —bps Running 4.52%% Bid / Offer (clean) Bid93.87 spread 0.22 Offer94.09 Bid / Offer (dirty) Bid93.75 — Offer93.97 📈 Holding-period return Consideration £93,980.00 Accrued interest £-139.73 Maturity income £24,319.32 Capital gain £6,020.00 Total costs £-127.78 Net return £30,467.09 Effective rate 3.19%% Implied rate 5.67%% 🧮 Tax bands 0%net 5.35%tax-eq 5.35%rank 34 20%net 4.40%tax-eq 5.50%rank 41 40%net 3.46%tax-eq 5.76%rank 46 45%net 3.22%tax-eq 5.86%rank 45
	—	4 7/8% Treasury Gilt 2036 GB00BWBR1N39 · Medium	4.88%	2036-07-31	5-10Y	98.25▲ +0.15%	0.37126d	5.10%▼ -2.0bps	3.11%
🎯 Key metrics Gross yield 5.10%% ▼ -2.0bps DMO yield 5.07%% Net yield 3.11%% Grossed-up yield 5.19%% Curve spread —bps Years to maturity 9.93y Modified duration 7.74y DV01 0.0764 📄 Bond Issue date 2026-04-15 Maturity date 2036-07-31 Ex-dividend date 2027-01-21 Next coupon 2027-01-31 Coupon 4.88%% Tenor 5-10Y 💷 Settlement Clean price 98.25 ▲ +0.15% Dirty price 98.62 Accrued interest 0.371 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -0.6bps Bench —% OIS % —% OIS spr —bps Running 4.96%% Bid / Offer (clean) Bid98.13 spread 0.23 Offer98.36 Bid / Offer (dirty) Bid98.50 — Offer98.73 📈 Holding-period return Consideration £98,245.00 Accrued interest £347.26 Maturity income £29,065.68 Capital gain £1,755.00 Total costs £359.21 Net return £30,461.47 Effective rate 3.07%% Implied rate 5.20%% 🧮 Tax bands 0%net 5.10%tax-eq 5.10%rank 44 20%net 4.10%tax-eq 5.13%rank 52 40%net 3.11%tax-eq 5.19%rank 57 45%net 2.86%tax-eq 5.21%rank 58
	—	4 5/8% Green Gilt 2037 GB00BVP99905 · Medium	4.63%	2037-03-07	10-20Y	95.70▲ +0.17%	-0.126172d	5.46%▼ -2.1bps	3.43%
🎯 Key metrics Gross yield 5.46%% ▼ -2.1bps DMO yield 5.13%% Net yield 3.43%% Grossed-up yield 5.71%% Curve spread —bps Years to maturity 10.53y Modified duration 7.96y DV01 0.0761 📄 Bond Issue date 2026-03-11 Maturity date 2037-03-07 Ex-dividend date 2026-08-26 Next coupon 2026-09-07 Coupon 4.63%% Tenor 10-20Y 💷 Settlement Clean price 95.70 ▲ +0.17% Dirty price 95.57 Accrued interest -0.126 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +28.8bps Bench —% OIS % —% OIS spr —bps Running 4.83%% Bid / Offer (clean) Bid95.58 spread 0.24 Offer95.82 Bid / Offer (dirty) Bid95.45 — Offer95.69 📈 Holding-period return Consideration £95,700.00 Accrued interest £-152.05 Maturity income £29,240.14 Capital gain £4,300.00 Total costs £-140.10 Net return £33,680.24 Effective rate 3.20%% Implied rate 5.57%% 🧮 Tax bands 0%net 5.46%tax-eq 5.46%rank 29 20%net 4.44%tax-eq 5.55%rank 37 40%net 3.43%tax-eq 5.71%rank 47 45%net 3.18%tax-eq 5.77%rank 48
	—	1¾% Treasury Gilt 2037 GB00BZB26Y51 · Medium	1.75%	2037-09-07	10-20Y	71.35▲ +0.20%	-0.048172d	5.32%▼ -2.0bps	4.42%
🎯 Key metrics Gross yield 5.32%% ▼ -2.0bps DMO yield 5.17%% Net yield 4.42%% Grossed-up yield 7.37%% Curve spread —bps Years to maturity 11.03y Modified duration 9.48y DV01 0.0676 📄 Bond Issue date 2016-11-09 Maturity date 2037-09-07 Ex-dividend date 2026-08-26 Next coupon 2026-09-07 Coupon 1.75%% Tenor 10-20Y 💷 Settlement Clean price 71.35 ▲ +0.20% Dirty price 71.30 Accrued interest -0.048 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +10.1bps Bench —% OIS % —% OIS spr —bps Running 2.45%% Bid / Offer (clean) Bid71.25 spread 0.20 Offer71.45 Bid / Offer (dirty) Bid71.20 — Offer71.40 📈 Holding-period return Consideration £71,350.00 Accrued interest £-57.53 Maturity income £11,593.15 Capital gain £28,650.00 Total costs £-45.58 Net return £40,288.73 Effective rate 3.65%% Implied rate 8.52%% 🧮 Tax bands 0%net 5.32%tax-eq 5.32%rank 35 20%net 4.87%tax-eq 6.09%rank 13 40%net 4.42%tax-eq 7.37%rank 14 45%net 4.31%tax-eq 7.84%rank 16
	—	3¾% Treasury Gilt 2038 GB00BQC4R999 · Medium	3.75%	2038-01-29	10-20Y	87.21▲ +0.19%	0.30628d	5.25%▼ -2.1bps	3.61%
🎯 Key metrics Gross yield 5.25%% ▼ -2.1bps DMO yield 5.22%% Net yield 3.61%% Grossed-up yield 6.02%% Curve spread —bps Years to maturity 11.43y Modified duration 8.96y DV01 0.0784 📄 Bond Issue date 2022-11-09 Maturity date 2038-01-29 Ex-dividend date 2027-01-20 Next coupon 2027-01-29 Coupon 3.75%% Tenor 10-20Y 💷 Settlement Clean price 87.21 ▲ +0.19% Dirty price 87.52 Accrued interest 0.306 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -0.8bps Bench —% OIS % —% OIS spr —bps Running 4.30%% Bid / Offer (clean) Bid87.09 spread 0.23 Offer87.32 Bid / Offer (dirty) Bid87.40 — Offer87.63 📈 Holding-period return Consideration £87,205.00 Accrued interest £287.67 Maturity income £25,730.14 Capital gain £12,795.00 Total costs £299.62 Net return £38,225.52 Effective rate 3.34%% Implied rate 6.39%% 🧮 Tax bands 0%net 5.25%tax-eq 5.25%rank 40 20%net 4.43%tax-eq 5.54%rank 38 40%net 3.61%tax-eq 6.02%rank 37 45%net 3.41%tax-eq 6.20%rank 39
	—	4¾% Treasury Stock 2038 GB00B00NY175 · Medium	4.75%	2038-12-07	10-20Y	95.24▲ +0.19%	1.06480d	5.28%▼ -2.1bps	3.28%
🎯 Key metrics Gross yield 5.28%% ▼ -2.1bps DMO yield 5.25%% Net yield 3.28%% Grossed-up yield 5.47%% Curve spread —bps Years to maturity 12.28y Modified duration 9.02y DV01 0.0869 📄 Bond Issue date 2004-04-23 Maturity date 2038-12-07 Ex-dividend date 2026-11-26 Next coupon 2026-12-07 Coupon 4.75%% Tenor 10-20Y 💷 Settlement Clean price 95.24 ▲ +0.19% Dirty price 96.30 Accrued interest 1.064 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -6.2bps Bench —% OIS % —% OIS spr —bps Running 4.99%% Bid / Offer (clean) Bid95.11 spread 0.26 Offer95.37 Bid / Offer (dirty) Bid96.17 — Offer96.43 📈 Holding-period return Consideration £95,240.00 Accrued interest £1,041.10 Maturity income £35,027.67 Capital gain £4,760.00 Total costs £1,053.05 Net return £38,734.63 Effective rate 3.15%% Implied rate 5.52%% 🧮 Tax bands 0%net 5.28%tax-eq 5.28%rank 39 20%net 4.28%tax-eq 5.35%rank 45 40%net 3.28%tax-eq 5.47%rank 52 45%net 3.03%tax-eq 5.51%rank 52
	—	1 1/8% Treasury Gilt 2039 GB00BLPK7334 · Medium	1.13%	2039-01-31	10-20Y	62.36▲ +0.23%	0.08626d	5.30%▼ -2.0bps	4.71%
🎯 Key metrics Gross yield 5.30%% ▼ -2.0bps DMO yield 5.27%% Net yield 4.71%% Grossed-up yield 7.84%% Curve spread —bps Years to maturity 12.43y Modified duration 11.04y DV01 0.0690 📄 Bond Issue date 2021-07-14 Maturity date 2039-01-31 Ex-dividend date 2027-01-21 Next coupon 2027-01-31 Coupon 1.13%% Tenor 10-20Y 💷 Settlement Clean price 62.36 ▲ +0.23% Dirty price 62.45 Accrued interest 0.086 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -5.8bps Bench —% OIS % —% OIS spr —bps Running 1.80%% Bid / Offer (clean) Bid62.26 spread 0.20 Offer62.46 Bid / Offer (dirty) Bid62.35 — Offer62.55 📈 Holding-period return Consideration £62,360.00 Accrued interest £80.14 Maturity income £8,397.74 Capital gain £37,640.00 Total costs £92.09 Net return £45,945.65 Effective rate 3.69%% Implied rate 9.87%% 🧮 Tax bands 0%net 5.30%tax-eq 5.30%rank 37 20%net 5.00%tax-eq 6.25%rank 12 40%net 4.71%tax-eq 7.84%rank 9 45%net 4.63%tax-eq 8.42%rank 9
	—	4¼% Treasury Gilt 2039 GB00B3KJDS62 · Medium	4.25%	2039-09-07	10-20Y	89.83▲ +0.20%	-0.115172d	5.59%▼ -2.1bps	3.67%
🎯 Key metrics Gross yield 5.59%% ▼ -2.1bps DMO yield 5.31%% Net yield 3.67%% Grossed-up yield 6.11%% Curve spread —bps Years to maturity 13.03y Modified duration 9.42y DV01 0.0845 📄 Bond Issue date 2009-03-05 Maturity date 2039-09-07 Ex-dividend date 2026-08-26 Next coupon 2026-09-07 Coupon 4.25%% Tenor 10-20Y 💷 Settlement Clean price 89.83 ▲ +0.20% Dirty price 89.71 Accrued interest -0.115 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +18.1bps Bench —% OIS % —% OIS spr —bps Running 4.73%% Bid / Offer (clean) Bid89.70 spread 0.26 Offer89.96 Bid / Offer (dirty) Bid89.58 — Offer89.84 📈 Holding-period return Consideration £89,830.00 Accrued interest £-139.73 Maturity income £33,254.79 Capital gain £10,170.00 Total costs £-127.78 Net return £43,552.57 Effective rate 3.34%% Implied rate 6.20%% 🧮 Tax bands 0%net 5.59%tax-eq 5.59%rank 25 20%net 4.62%tax-eq 5.78%rank 31 40%net 3.67%tax-eq 6.11%rank 36 45%net 3.43%tax-eq 6.23%rank 37
	—	4 3/8% Treasury Gilt 2040 GB00BQC82D08 · Medium	4.38%	2040-01-31	10-20Y	90.38▲ +0.21%	0.33326d	5.39%▼ -2.1bps	3.52%
🎯 Key metrics Gross yield 5.39%% ▼ -2.1bps DMO yield 5.36%% Net yield 3.52%% Grossed-up yield 5.86%% Curve spread —bps Years to maturity 13.43y Modified duration 9.81y DV01 0.0890 📄 Bond Issue date 2024-09-04 Maturity date 2040-01-31 Ex-dividend date 2027-01-21 Next coupon 2027-01-31 Coupon 4.38%% Tenor 10-20Y 💷 Settlement Clean price 90.38 ▲ +0.21% Dirty price 90.71 Accrued interest 0.333 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -5.2bps Bench —% OIS % —% OIS spr —bps Running 4.84%% Bid / Offer (clean) Bid90.24 spread 0.27 Offer90.51 Bid / Offer (dirty) Bid90.57 — Offer90.84 📈 Holding-period return Consideration £90,375.00 Accrued interest £311.64 Maturity income £35,282.88 Capital gain £9,625.00 Total costs £323.59 Net return £44,584.28 Effective rate 3.32%% Implied rate 6.12%% 🧮 Tax bands 0%net 5.39%tax-eq 5.39%rank 33 20%net 4.45%tax-eq 5.56%rank 36 40%net 3.52%tax-eq 5.86%rank 43 45%net 3.28%tax-eq 5.97%rank 42
	—	4¼% Treasury Gilt 2040 GB00B6460505 · Medium	4.25%	2040-12-07	10-20Y	88.46▲ +0.23%	0.95280d	5.42%▼ -2.2bps	3.55%
🎯 Key metrics Gross yield 5.42%% ▼ -2.2bps DMO yield 5.39%% Net yield 3.55%% Grossed-up yield 5.92%% Curve spread —bps Years to maturity 14.28y Modified duration 10.21y DV01 0.0913 📄 Bond Issue date 2010-06-30 Maturity date 2040-12-07 Ex-dividend date 2026-11-26 Next coupon 2026-12-07 Coupon 4.25%% Tenor 10-20Y 💷 Settlement Clean price 88.46 ▲ +0.23% Dirty price 89.41 Accrued interest 0.952 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -8.9bps Bench —% OIS % —% OIS spr —bps Running 4.80%% Bid / Offer (clean) Bid88.32 spread 0.27 Offer88.59 Bid / Offer (dirty) Bid89.27 — Offer89.54 📈 Holding-period return Consideration £88,455.00 Accrued interest £931.51 Maturity income £36,447.53 Capital gain £11,545.00 Total costs £943.46 Net return £47,049.08 Effective rate 3.29%% Implied rate 6.20%% 🧮 Tax bands 0%net 5.42%tax-eq 5.42%rank 32 20%net 4.48%tax-eq 5.60%rank 35 40%net 3.55%tax-eq 5.92%rank 40 45%net 3.32%tax-eq 6.04%rank 41
	—	5¼% Treasury Gilt 2041 GB00BVP99897 · Medium	5.25%	2041-01-31	10-20Y	98.06▲ +0.20%	0.39926d	5.44%▼ -2.0bps	3.30%
🎯 Key metrics Gross yield 5.44%% ▼ -2.0bps DMO yield 5.42%% Net yield 3.30%% Grossed-up yield 5.51%% Curve spread —bps Years to maturity 14.43y Modified duration 9.94y DV01 0.0979 📄 Bond Issue date 2025-10-15 Maturity date 2041-01-31 Ex-dividend date 2027-01-21 Next coupon 2027-01-31 Coupon 5.25%% Tenor 10-20Y 💷 Settlement Clean price 98.06 ▲ +0.20% Dirty price 98.46 Accrued interest 0.399 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -7.8bps Bench —% OIS % —% OIS spr —bps Running 5.35%% Bid / Offer (clean) Bid97.91 spread 0.29 Offer98.20 Bid / Offer (dirty) Bid98.31 — Offer98.60 📈 Holding-period return Consideration £98,055.00 Accrued interest £373.97 Maturity income £45,498.08 Capital gain £1,945.00 Total costs £385.92 Net return £47,057.16 Effective rate 3.26%% Implied rate 5.54%% 🧮 Tax bands 0%net 5.44%tax-eq 5.44%rank 31 20%net 4.37%tax-eq 5.47%rank 42 40%net 3.30%tax-eq 5.51%rank 50 45%net 3.04%tax-eq 5.52%rank 51
	—	1¼ % Treasury Gilt 2041 GB00BJQWYH73 · Long	1.25%	2041-10-22	10-20Y	56.95▲ +0.28%	0.437126d	5.46%▼ -2.1bps	4.75%
🎯 Key metrics Gross yield 5.46%% ▼ -2.1bps DMO yield 5.43%% Net yield 4.75%% Grossed-up yield 7.92%% Curve spread —bps Years to maturity 15.16y Modified duration 12.83y DV01 0.0737 📄 Bond Issue date 2020-01-22 Maturity date 2041-10-22 Ex-dividend date 2026-10-13 Next coupon 2026-10-22 Coupon 1.25%% Tenor 10-20Y 💷 Settlement Clean price 56.95 ▲ +0.28% Dirty price 57.39 Accrued interest 0.437 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -10.8bps Bench —% OIS % —% OIS spr —bps Running 2.20%% Bid / Offer (clean) Bid56.80 spread 0.29 Offer57.09 Bid / Offer (dirty) Bid57.24 — Offer57.53 📈 Holding-period return Consideration £56,945.00 Accrued interest £431.51 Maturity income £11,375.34 Capital gain £43,055.00 Total costs £443.46 Net return £53,986.89 Effective rate 3.56%% Implied rate 10.42%% 🧮 Tax bands 0%net 5.46%tax-eq 5.46%rank 28 20%net 5.11%tax-eq 6.38%rank 11 40%net 4.75%tax-eq 7.92%rank 8 45%net 4.66%tax-eq 8.48%rank 6
	—	4½% Treasury Gilt 2042 GB00B1VWPJ53 · Long	4.50%	2042-12-07	10-20Y	88.91▲ +0.23%	1.00880d	5.54%▼ -2.0bps	3.57%
🎯 Key metrics Gross yield 5.54%% ▼ -2.0bps DMO yield 5.51%% Net yield 3.57%% Grossed-up yield 5.95%% Curve spread —bps Years to maturity 16.28y Modified duration 10.97y DV01 0.0986 📄 Bond Issue date 2007-06-06 Maturity date 2042-12-07 Ex-dividend date 2026-11-26 Next coupon 2026-12-07 Coupon 4.50%% Tenor 10-20Y 💷 Settlement Clean price 88.91 ▲ +0.23% Dirty price 89.92 Accrued interest 1.008 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -10.4bps Bench —% OIS % —% OIS spr —bps Running 5.06%% Bid / Offer (clean) Bid88.71 spread 0.39 Offer89.10 Bid / Offer (dirty) Bid89.72 — Offer90.11 📈 Holding-period return Consideration £88,905.00 Accrued interest £986.30 Maturity income £43,991.51 Capital gain £11,095.00 Total costs £998.25 Net return £54,088.26 Effective rate 3.32%% Implied rate 6.22%% 🧮 Tax bands 0%net 5.54%tax-eq 5.54%rank 26 20%net 4.55%tax-eq 5.69%rank 34 40%net 3.57%tax-eq 5.95%rank 38 45%net 3.33%tax-eq 6.05%rank 40
	—	4¾% Treasury Gilt 2043 GB00BPJJKP77 · Long	4.75%	2043-10-22	10-20Y	90.62▲ +0.23%	1.661126d	5.61%▼ -2.0bps	3.53%
🎯 Key metrics Gross yield 5.61%% ▼ -2.0bps DMO yield 5.58%% Net yield 3.53%% Grossed-up yield 5.88%% Curve spread —bps Years to maturity 17.16y Modified duration 11.11y DV01 0.1025 📄 Bond Issue date 2023-11-16 Maturity date 2043-10-22 Ex-dividend date 2026-10-13 Next coupon 2026-10-22 Coupon 4.75%% Tenor 10-20Y 💷 Settlement Clean price 90.62 ▲ +0.23% Dirty price 92.28 Accrued interest 1.661 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -8.7bps Bench —% OIS % —% OIS spr —bps Running 5.24%% Bid / Offer (clean) Bid90.41 spread 0.41 Offer90.82 Bid / Offer (dirty) Bid92.07 — Offer92.48 📈 Holding-period return Consideration £90,615.00 Accrued interest £1,639.73 Maturity income £48,926.30 Capital gain £9,385.00 Total costs £1,651.68 Net return £56,659.63 Effective rate 3.30%% Implied rate 6.07%% 🧮 Tax bands 0%net 5.61%tax-eq 5.61%rank 24 20%net 4.56%tax-eq 5.71%rank 33 40%net 3.53%tax-eq 5.88%rank 41 45%net 3.27%tax-eq 5.95%rank 43
	—	3¼% Treasury Gilt 2044 GB00B84Z9V04 · Long	3.25%	2044-01-22	10-20Y	73.77▲ +0.27%	0.32735d	5.63%▼ -2.1bps	4.05%
🎯 Key metrics Gross yield 5.63%% ▼ -2.1bps DMO yield 5.60%% Net yield 4.05%% Grossed-up yield 6.76%% Curve spread —bps Years to maturity 17.41y Modified duration 12.24y DV01 0.0907 📄 Bond Issue date 2012-10-24 Maturity date 2044-01-22 Ex-dividend date 2027-01-13 Next coupon 2027-01-22 Coupon 3.25%% Tenor 10-20Y 💷 Settlement Clean price 73.77 ▲ +0.27% Dirty price 74.10 Accrued interest 0.327 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -7.2bps Bench —% OIS % —% OIS spr —bps Running 4.41%% Bid / Offer (clean) Bid73.58 spread 0.37 Offer73.95 Bid / Offer (dirty) Bid73.91 — Offer74.28 📈 Holding-period return Consideration £73,765.00 Accrued interest £311.64 Maturity income £33,967.40 Capital gain £26,235.00 Total costs £323.59 Net return £59,878.80 Effective rate 3.44%% Implied rate 7.77%% 🧮 Tax bands 0%net 5.63%tax-eq 5.63%rank 23 20%net 4.84%tax-eq 6.05%rank 14 40%net 4.05%tax-eq 6.76%rank 22 45%net 3.86%tax-eq 7.02%rank 24
	—	3½% Treasury Gilt 2045 GB00BN65R313 · Long	3.50%	2045-01-22	10-20Y	75.53▲ +0.27%	0.35235d	5.65%▼ -2.1bps	3.98%
🎯 Key metrics Gross yield 5.65%% ▼ -2.1bps DMO yield 5.63%% Net yield 3.98%% Grossed-up yield 6.63%% Curve spread —bps Years to maturity 18.41y Modified duration 12.48y DV01 0.0947 📄 Bond Issue date 2014-06-25 Maturity date 2045-01-22 Ex-dividend date 2027-01-13 Next coupon 2027-01-22 Coupon 3.50%% Tenor 10-20Y 💷 Settlement Clean price 75.53 ▲ +0.27% Dirty price 75.88 Accrued interest 0.352 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -9.8bps Bench —% OIS % —% OIS spr —bps Running 4.63%% Bid / Offer (clean) Bid75.34 spread 0.38 Offer75.72 Bid / Offer (dirty) Bid75.69 — Offer76.07 📈 Holding-period return Consideration £75,530.00 Accrued interest £335.62 Maturity income £38,686.03 Capital gain £24,470.00 Total costs £347.57 Net return £62,808.46 Effective rate 3.41%% Implied rate 7.52%% 🧮 Tax bands 0%net 5.65%tax-eq 5.65%rank 22 20%net 4.81%tax-eq 6.01%rank 19 40%net 3.98%tax-eq 6.63%rank 26 45%net 3.77%tax-eq 6.85%rank 26
	—	0 7/8% Treasury Gilt 2046 GB00BNNGP775 · Long	0.88%	2046-01-31	10-20Y	43.67▲ +0.37%	0.06726d	5.71%▼ -2.2bps	5.14%
🎯 Key metrics Gross yield 5.71%% ▼ -2.2bps DMO yield 5.68%% Net yield 5.14%% Grossed-up yield 8.57%% Curve spread —bps Years to maturity 19.43y Modified duration 16.33y DV01 0.0714 📄 Bond Issue date 2021-01-20 Maturity date 2046-01-31 Ex-dividend date 2027-01-21 Next coupon 2027-01-31 Coupon 0.88%% Tenor 10-20Y 💷 Settlement Clean price 43.67 ▲ +0.37% Dirty price 43.74 Accrued interest 0.067 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -8.1bps Bench —% OIS % —% OIS spr —bps Running 2.00%% Bid / Offer (clean) Bid43.53 spread 0.28 Offer43.81 Bid / Offer (dirty) Bid43.60 — Offer43.88 📈 Holding-period return Consideration £43,670.00 Accrued interest £62.33 Maturity income £10,209.45 Capital gain £56,330.00 Total costs £74.28 Net return £66,465.17 Effective rate 3.42%% Implied rate 13.04%% 🧮 Tax bands 0%net 5.71%tax-eq 5.71%rank 18 20%net 5.43%tax-eq 6.78%rank 3 40%net 5.14%tax-eq 8.57%rank 2 45%net 5.07%tax-eq 9.22%rank 2
	—	4¼% Treasury Gilt 2046 GB00B128DP45 · Long	4.25%	2046-12-07	20Y+	82.88▲ +0.28%	0.95280d	5.68%▼ -2.2bps	3.73%
🎯 Key metrics Gross yield 5.68%% ▼ -2.2bps DMO yield 5.65%% Net yield 3.73%% Grossed-up yield 6.22%% Curve spread —bps Years to maturity 20.28y Modified duration 12.57y DV01 0.1054 📄 Bond Issue date 2006-05-12 Maturity date 2046-12-07 Ex-dividend date 2026-11-26 Next coupon 2026-12-07 Coupon 4.25%% Tenor 20Y+ 💷 Settlement Clean price 82.88 ▲ +0.28% Dirty price 83.83 Accrued interest 0.952 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -14.2bps Bench —% OIS % —% OIS spr —bps Running 5.13%% Bid / Offer (clean) Bid82.67 spread 0.42 Offer83.09 Bid / Offer (dirty) Bid83.62 — Offer84.04 📈 Holding-period return Consideration £82,880.00 Accrued interest £931.51 Maturity income £51,754.52 Capital gain £17,120.00 Total costs £943.46 Net return £67,931.06 Effective rate 3.35%% Implied rate 6.73%% 🧮 Tax bands 0%net 5.68%tax-eq 5.68%rank 19 20%net 4.70%tax-eq 5.88%rank 26 40%net 3.73%tax-eq 6.22%rank 32 45%net 3.49%tax-eq 6.35%rank 33
	—	1½% Treasury Gilt 2047 GB00BDCHBW80 · Long	1.50%	2047-07-22	20Y+	48.69▲ +0.38%	0.15135d	5.75%▼ -2.4bps	4.82%
🎯 Key metrics Gross yield 5.75%% ▼ -2.4bps DMO yield 5.72%% Net yield 4.82%% Grossed-up yield 8.03%% Curve spread —bps Years to maturity 20.90y Modified duration 15.86y DV01 0.0774 📄 Bond Issue date 2016-09-21 Maturity date 2047-07-22 Ex-dividend date 2027-01-13 Next coupon 2027-01-22 Coupon 1.50%% Tenor 20Y+ 💷 Settlement Clean price 48.69 ▲ +0.38% Dirty price 48.84 Accrued interest 0.151 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -9.0bps Bench —% OIS % —% OIS spr —bps Running 3.08%% Bid / Offer (clean) Bid48.53 spread 0.31 Offer48.84 Bid / Offer (dirty) Bid48.68 — Offer48.99 📈 Holding-period return Consideration £48,685.00 Accrued interest £143.84 Maturity income £18,826.03 Capital gain £51,315.00 Total costs £155.79 Net return £69,985.24 Effective rate 3.35%% Implied rate 11.45%% 🧮 Tax bands 0%net 5.75%tax-eq 5.75%rank 14 20%net 5.28%tax-eq 6.60%rank 6 40%net 4.82%tax-eq 8.03%rank 5 45%net 4.70%tax-eq 8.55%rank 5
	—	1¾% Treasury Gilt 2049 GB00BFWFPP71 · Long	1.75%	2049-01-22	20Y+	49.91▲ +0.38%	0.17635d	5.76%▼ -2.3bps	4.68%
🎯 Key metrics Gross yield 5.76%% ▼ -2.3bps DMO yield 5.72%% Net yield 4.68%% Grossed-up yield 7.79%% Curve spread —bps Years to maturity 22.41y Modified duration 16.08y DV01 0.0805 📄 Bond Issue date 2018-09-12 Maturity date 2049-01-22 Ex-dividend date 2027-01-13 Next coupon 2027-01-22 Coupon 1.75%% Tenor 20Y+ 💷 Settlement Clean price 49.91 ▲ +0.38% Dirty price 50.09 Accrued interest 0.176 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -11.9bps Bench —% OIS % —% OIS spr —bps Running 3.51%% Bid / Offer (clean) Bid49.75 spread 0.32 Offer50.07 Bid / Offer (dirty) Bid49.93 — Offer50.25 📈 Holding-period return Consideration £49,910.00 Accrued interest £167.81 Maturity income £23,545.89 Capital gain £50,090.00 Total costs £179.76 Net return £73,456.13 Effective rate 3.28%% Implied rate 10.94%% 🧮 Tax bands 0%net 5.76%tax-eq 5.76%rank 12 20%net 5.21%tax-eq 6.52%rank 8 40%net 4.68%tax-eq 7.79%rank 11 45%net 4.54%tax-eq 8.26%rank 10
	—	4¼% Treasury Gilt 2049 GB00B39R3707 · Long	4.25%	2049-12-07	20Y+	81.17▲ +0.32%	0.95280d	5.72%▼ -2.3bps	3.74%
🎯 Key metrics Gross yield 5.72%% ▼ -2.3bps DMO yield 5.69%% Net yield 3.74%% Grossed-up yield 6.24%% Curve spread —bps Years to maturity 23.28y Modified duration 13.47y DV01 0.1106 📄 Bond Issue date 2008-09-03 Maturity date 2049-12-07 Ex-dividend date 2026-11-26 Next coupon 2026-12-07 Coupon 4.25%% Tenor 20Y+ 💷 Settlement Clean price 81.17 ▲ +0.32% Dirty price 82.12 Accrued interest 0.952 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -16.9bps Bench —% OIS % —% OIS spr —bps Running 5.24%% Bid / Offer (clean) Bid80.94 spread 0.45 Offer81.39 Bid / Offer (dirty) Bid81.89 — Offer82.34 📈 Holding-period return Consideration £81,165.00 Accrued interest £931.51 Maturity income £59,411.51 Capital gain £18,835.00 Total costs £943.46 Net return £77,303.05 Effective rate 3.32%% Implied rate 6.81%% 🧮 Tax bands 0%net 5.72%tax-eq 5.72%rank 17 20%net 4.73%tax-eq 5.91%rank 25 40%net 3.74%tax-eq 6.24%rank 31 45%net 3.50%tax-eq 6.36%rank 30
	—	0 5/8% Treasury Gilt 2050 GB00BMBL1F74 · Long	0.63%	2050-10-22	20Y+	33.53▲ +0.49%	0.219126d	5.75%▼ -2.4bps	5.26%
🎯 Key metrics Gross yield 5.75%% ▼ -2.4bps DMO yield 5.72%% Net yield 5.26%% Grossed-up yield 8.77%% Curve spread —bps Years to maturity 24.16y Modified duration 19.95y DV01 0.0673 📄 Bond Issue date 2020-06-10 Maturity date 2050-10-22 Ex-dividend date 2026-10-13 Next coupon 2026-10-22 Coupon 0.63%% Tenor 20Y+ 💷 Settlement Clean price 33.53 ▲ +0.49% Dirty price 33.75 Accrued interest 0.219 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -15.2bps Bench —% OIS % —% OIS spr —bps Running 1.86%% Bid / Offer (clean) Bid33.39 spread 0.27 Offer33.66 Bid / Offer (dirty) Bid33.61 — Offer33.88 📈 Holding-period return Consideration £33,525.00 Accrued interest £215.75 Maturity income £9,064.73 Capital gain £66,475.00 Total costs £227.70 Net return £75,312.02 Effective rate 3.12%% Implied rate 15.49%% 🧮 Tax bands 0%net 5.75%tax-eq 5.75%rank 13 20%net 5.50%tax-eq 6.88%rank 2 40%net 5.26%tax-eq 8.77%rank 1 45%net 5.20%tax-eq 9.46%rank 1
	—	1¼% Treasury Gilt 2051 GB00BLH38158 · Long	1.25%	2051-07-31	20Y+	40.34▲ +0.45%	0.09526d	5.81%▼ -2.4bps	4.93%
🎯 Key metrics Gross yield 5.81%% ▼ -2.4bps DMO yield 5.78%% Net yield 4.93%% Grossed-up yield 8.22%% Curve spread —bps Years to maturity 24.93y Modified duration 18.24y DV01 0.0738 📄 Bond Issue date 2021-04-28 Maturity date 2051-07-31 Ex-dividend date 2027-01-21 Next coupon 2027-01-31 Coupon 1.25%% Tenor 20Y+ 💷 Settlement Clean price 40.34 ▲ +0.45% Dirty price 40.44 Accrued interest 0.095 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -10.1bps Bench —% OIS % —% OIS spr —bps Running 3.10%% Bid / Offer (clean) Bid40.19 spread 0.29 Offer40.48 Bid / Offer (dirty) Bid40.29 — Offer40.58 📈 Holding-period return Consideration £40,335.00 Accrued interest £89.04 Maturity income £18,708.90 Capital gain £59,665.00 Total costs £100.99 Net return £78,272.91 Effective rate 3.14%% Implied rate 12.97%% 🧮 Tax bands 0%net 5.81%tax-eq 5.81%rank 4 20%net 5.37%tax-eq 6.71%rank 4 40%net 4.93%tax-eq 8.22%rank 4 45%net 4.82%tax-eq 8.77%rank 4
	—	3¾% Treasury Gilt 2052 GB00B6RNH572 · Long	3.75%	2052-07-22	20Y+	73.13▲ +0.34%	0.37735d	5.76%▼ -2.3bps	3.90%
🎯 Key metrics Gross yield 5.76%% ▼ -2.3bps DMO yield 5.72%% Net yield 3.90%% Grossed-up yield 6.49%% Curve spread —bps Years to maturity 25.91y Modified duration 14.60y DV01 0.1073 📄 Bond Issue date 2011-09-28 Maturity date 2052-07-22 Ex-dividend date 2027-01-13 Next coupon 2027-01-22 Coupon 3.75%% Tenor 20Y+ 💷 Settlement Clean price 73.13 ▲ +0.34% Dirty price 73.51 Accrued interest 0.377 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -16.1bps Bench —% OIS % —% OIS spr —bps Running 5.13%% Bid / Offer (clean) Bid72.91 spread 0.43 Offer73.34 Bid / Offer (dirty) Bid73.29 — Offer73.72 📈 Holding-period return Consideration £73,125.00 Accrued interest £359.59 Maturity income £58,327.40 Capital gain £26,875.00 Total costs £371.54 Net return £84,830.86 Effective rate 3.27%% Implied rate 7.46%% 🧮 Tax bands 0%net 5.76%tax-eq 5.76%rank 11 20%net 4.82%tax-eq 6.03%rank 18 40%net 3.90%tax-eq 6.49%rank 27 45%net 3.67%tax-eq 6.67%rank 27
	—	1½% Green Gilt 2053 GB00BM8Z2V59 · Long	1.50%	2053-07-31	20Y+	41.66▲ +0.45%	0.11426d	5.81%▼ -2.4bps	4.77%
🎯 Key metrics Gross yield 5.81%% ▼ -2.4bps DMO yield 5.78%% Net yield 4.77%% Grossed-up yield 7.94%% Curve spread —bps Years to maturity 26.93y Modified duration 18.29y DV01 0.0764 📄 Bond Issue date 2021-10-22 Maturity date 2053-07-31 Ex-dividend date 2027-01-21 Next coupon 2027-01-31 Coupon 1.50%% Tenor 20Y+ 💷 Settlement Clean price 41.66 ▲ +0.45% Dirty price 41.77 Accrued interest 0.114 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -10.7bps Bench —% OIS % —% OIS spr —bps Running 3.60%% Bid / Offer (clean) Bid41.50 spread 0.31 Offer41.81 Bid / Offer (dirty) Bid41.61 — Offer41.92 📈 Holding-period return Consideration £41,655.00 Accrued interest £106.85 Maturity income £24,253.15 Capital gain £58,345.00 Total costs £118.80 Net return £82,479.35 Effective rate 3.06%% Implied rate 12.25%% 🧮 Tax bands 0%net 5.81%tax-eq 5.81%rank 3 20%net 5.28%tax-eq 6.60%rank 5 40%net 4.77%tax-eq 7.94%rank 7 45%net 4.64%tax-eq 8.43%rank 8
	—	3¾% Treasury Gilt 2053 GB00BPCJD997 · Long	3.75%	2053-10-22	20Y+	72.30▲ +0.36%	1.311126d	5.78%▼ -2.4bps	3.88%
🎯 Key metrics Gross yield 5.78%% ▼ -2.4bps DMO yield 5.75%% Net yield 3.88%% Grossed-up yield 6.46%% Curve spread —bps Years to maturity 27.16y Modified duration 14.68y DV01 0.1080 📄 Bond Issue date 2023-01-25 Maturity date 2053-10-22 Ex-dividend date 2026-10-13 Next coupon 2026-10-22 Coupon 3.75%% Tenor 20Y+ 💷 Settlement Clean price 72.30 ▲ +0.36% Dirty price 73.61 Accrued interest 1.311 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -13.6bps Bench —% OIS % —% OIS spr —bps Running 5.19%% Bid / Offer (clean) Bid72.08 spread 0.43 Offer72.51 Bid / Offer (dirty) Bid73.39 — Offer73.82 📈 Holding-period return Consideration £72,295.00 Accrued interest £1,294.52 Maturity income £61,144.52 Capital gain £27,705.00 Total costs £1,306.47 Net return £87,543.05 Effective rate 3.22%% Implied rate 7.43%% 🧮 Tax bands 0%net 5.78%tax-eq 5.78%rank 7 20%net 4.82%tax-eq 6.03%rank 17 40%net 3.88%tax-eq 6.46%rank 28 45%net 3.64%tax-eq 6.62%rank 28
	—	4 3/8% Treasury Gilt 2054 GB00BPSNBB36 · Long	4.38%	2054-07-31	20Y+	80.57▲ +0.35%	0.33326d	5.78%▼ -2.4bps	3.74%
🎯 Key metrics Gross yield 5.78%% ▼ -2.4bps DMO yield 5.75%% Net yield 3.74%% Grossed-up yield 6.24%% Curve spread —bps Years to maturity 27.93y Modified duration 14.54y DV01 0.1176 📄 Bond Issue date 2024-01-24 Maturity date 2054-07-31 Ex-dividend date 2027-01-21 Next coupon 2027-01-31 Coupon 4.38%% Tenor 20Y+ 💷 Settlement Clean price 80.57 ▲ +0.35% Dirty price 80.90 Accrued interest 0.333 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -13.4bps Bench —% OIS % —% OIS spr —bps Running 5.43%% Bid / Offer (clean) Bid80.33 spread 0.47 Offer80.80 Bid / Offer (dirty) Bid80.66 — Offer81.13 📈 Holding-period return Consideration £80,565.00 Accrued interest £311.64 Maturity income £73,363.36 Capital gain £19,435.00 Total costs £323.59 Net return £92,474.76 Effective rate 3.31%% Implied rate 6.85%% 🧮 Tax bands 0%net 5.78%tax-eq 5.78%rank 6 20%net 4.76%tax-eq 5.95%rank 20 40%net 3.74%tax-eq 6.24%rank 30 45%net 3.49%tax-eq 6.35%rank 32
	—	1 5/8% Treasury Gilt 2054 GB00BJLR0J16 · Long	1.63%	2054-10-22	20Y+	42.50▲ +0.43%	0.568126d	5.79%▼ -2.3bps	4.64%
🎯 Key metrics Gross yield 5.79%% ▼ -2.3bps DMO yield 5.75%% Net yield 4.64%% Grossed-up yield 7.73%% Curve spread —bps Years to maturity 28.16y Modified duration 18.18y DV01 0.0783 📄 Bond Issue date 2019-05-15 Maturity date 2054-10-22 Ex-dividend date 2026-10-13 Next coupon 2026-10-22 Coupon 1.63%% Tenor 20Y+ 💷 Settlement Clean price 42.50 ▲ +0.43% Dirty price 43.07 Accrued interest 0.568 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -13.1bps Bench —% OIS % —% OIS spr —bps Running 3.82%% Bid / Offer (clean) Bid42.34 spread 0.31 Offer42.65 Bid / Offer (dirty) Bid42.91 — Offer43.22 📈 Holding-period return Consideration £42,495.00 Accrued interest £560.96 Maturity income £27,470.96 Capital gain £57,505.00 Total costs £572.91 Net return £84,403.05 Effective rate 3.00%% Implied rate 11.75%% 🧮 Tax bands 0%net 5.79%tax-eq 5.79%rank 5 20%net 5.21%tax-eq 6.51%rank 9 40%net 4.64%tax-eq 7.73%rank 12 45%net 4.50%tax-eq 8.18%rank 11
	—	4¼% Treasury Gilt 2055 GB00B06YGN05 · Long	4.25%	2055-12-07	20Y+	78.71▲ +0.34%	0.95280d	5.76%▼ -2.3bps	3.73%
🎯 Key metrics Gross yield 5.76%% ▼ -2.3bps DMO yield 5.73%% Net yield 3.73%% Grossed-up yield 6.21%% Curve spread —bps Years to maturity 29.28y Modified duration 14.80y DV01 0.1179 📄 Bond Issue date 2005-05-27 Maturity date 2055-12-07 Ex-dividend date 2026-11-26 Next coupon 2026-12-07 Coupon 4.25%% Tenor 20Y+ 💷 Settlement Clean price 78.71 ▲ +0.34% Dirty price 79.66 Accrued interest 0.952 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -14.8bps Bench —% OIS % —% OIS spr —bps Running 5.40%% Bid / Offer (clean) Bid78.47 spread 0.47 Offer78.94 Bid / Offer (dirty) Bid79.42 — Offer79.89 📈 Holding-period return Consideration £78,705.00 Accrued interest £931.51 Maturity income £74,718.49 Capital gain £21,295.00 Total costs £943.46 Net return £95,070.04 Effective rate 3.24%% Implied rate 6.87%% 🧮 Tax bands 0%net 5.76%tax-eq 5.76%rank 10 20%net 4.74%tax-eq 5.92%rank 23 40%net 3.73%tax-eq 6.21%rank 33 45%net 3.48%tax-eq 6.32%rank 35
	—	5 3/8% Treasury Gilt 2056 ⚠ GB00BT7J0241 · Long	5.38%	2056-01-31	20Y+	94.50▲ +0.34%	0.40926d	5.76%▼ -2.4bps	3.52%
🎯 Key metrics Gross yield 5.76%% ▼ -2.4bps DMO yield 5.73%% Net yield 3.52%% Grossed-up yield 5.86%% Curve spread —bps Years to maturity 29.43y Modified duration 14.23y DV01 0.1351 📄 Bond Issue date 2025-05-21 Maturity date 2056-01-31 Ex-dividend date 2027-01-21 Next coupon 2027-01-31 Coupon 5.38%% Tenor 20Y+ 💷 Settlement Clean price 94.50 ▲ +0.34% Dirty price 94.91 Accrued interest 0.409 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -14.5bps Bench —% OIS % —% OIS spr —bps Running 5.69%% Bid / Offer (clean) Bid94.23 spread 0.54 Offer94.77 Bid / Offer (dirty) Bid94.64 — Offer95.18 📈 Holding-period return Consideration £94,500.00 Accrued interest £382.88 Maturity income £94,982.88 Capital gain £5,500.00 Total costs £394.83 Net return £100,088.05 Effective rate 3.40%% Implied rate 5.99%% 🧮 Tax bands 0%net 5.76%tax-eq 5.76%rank 9 20%net 4.64%tax-eq 5.80%rank 30 40%net 3.52%tax-eq 5.86%rank 42 45%net 3.24%tax-eq 5.89%rank 44
	—	1¾% Treasury Gilt 2057 GB00BD0XH204 · Long	1.75%	2057-07-22	20Y+	42.34▲ +0.39%	0.17635d	5.77%▼ -2.1bps	4.53%
🎯 Key metrics Gross yield 5.77%% ▼ -2.1bps DMO yield 5.74%% Net yield 4.53%% Grossed-up yield 7.55%% Curve spread —bps Years to maturity 30.90y Modified duration 18.73y DV01 0.0796 📄 Bond Issue date 2017-01-25 Maturity date 2057-07-22 Ex-dividend date 2027-01-13 Next coupon 2027-01-22 Coupon 1.75%% Tenor 20Y+ 💷 Settlement Clean price 42.34 ▲ +0.39% Dirty price 42.52 Accrued interest 0.176 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -12.3bps Bench —% OIS % —% OIS spr —bps Running 4.13%% Bid / Offer (clean) Bid42.18 spread 0.32 Offer42.50 Bid / Offer (dirty) Bid42.36 — Offer42.68 📈 Holding-period return Consideration £42,340.00 Accrued interest £167.81 Maturity income £32,472.33 Capital gain £57,660.00 Total costs £179.76 Net return £89,952.57 Effective rate 2.91%% Implied rate 11.45%% 🧮 Tax bands 0%net 5.77%tax-eq 5.77%rank 8 20%net 5.14%tax-eq 6.43%rank 10 40%net 4.53%tax-eq 7.55%rank 13 45%net 4.38%tax-eq 7.96%rank 13
	—	4% Treasury Gilt 2060 GB00B54QLM75 · Long	4.00%	2060-01-22	20Y+	74.27▲ +0.37%	0.40235d	5.74%▼ -2.3bps	3.75%
🎯 Key metrics Gross yield 5.74%% ▼ -2.3bps DMO yield 5.71%% Net yield 3.75%% Grossed-up yield 6.25%% Curve spread —bps Years to maturity 33.41y Modified duration 15.80y DV01 0.1180 📄 Bond Issue date 2009-10-22 Maturity date 2060-01-22 Ex-dividend date 2027-01-13 Next coupon 2027-01-22 Coupon 4.00%% Tenor 20Y+ 💷 Settlement Clean price 74.27 ▲ +0.37% Dirty price 74.67 Accrued interest 0.402 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -10.0bps Bench —% OIS % —% OIS spr —bps Running 5.39%% Bid / Offer (clean) Bid74.03 spread 0.47 Offer74.50 Bid / Offer (dirty) Bid74.43 — Offer74.90 📈 Holding-period return Consideration £74,265.00 Accrued interest £383.56 Maturity income £80,232.33 Capital gain £25,735.00 Total costs £395.51 Net return £105,571.82 Effective rate 3.16%% Implied rate 7.09%% 🧮 Tax bands 0%net 5.74%tax-eq 5.74%rank 15 20%net 4.74%tax-eq 5.92%rank 24 40%net 3.75%tax-eq 6.25%rank 29 45%net 3.50%tax-eq 6.37%rank 29
	—	0½% Treasury Gilt 2061 GB00BMBL1D50 · Long	0.50%	2061-10-22	20Y+	22.64▲ +0.62%	0.175126d	5.49%▼ -2.3bps	4.98%
🎯 Key metrics Gross yield 5.49%% ▼ -2.3bps DMO yield 5.46%% Net yield 4.98%% Grossed-up yield 8.30%% Curve spread —bps Years to maturity 35.16y Modified duration 26.49y DV01 0.0604 📄 Bond Issue date 2020-05-20 Maturity date 2061-10-22 Ex-dividend date 2026-10-13 Next coupon 2026-10-22 Coupon 0.50%% Tenor 20Y+ 💷 Settlement Clean price 22.64 ▲ +0.62% Dirty price 22.81 Accrued interest 0.175 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -29.7bps Bench —% OIS % —% OIS spr —bps Running 2.21%% Bid / Offer (clean) Bid22.52 spread 0.24 Offer22.76 Bid / Offer (dirty) Bid22.69 — Offer22.93 📈 Holding-period return Consideration £22,640.00 Accrued interest £172.60 Maturity income £10,554.25 Capital gain £77,360.00 Total costs £184.55 Net return £87,729.69 Effective rate 2.49%% Implied rate 18.36%% 🧮 Tax bands 0%net 5.49%tax-eq 5.49%rank 27 20%net 5.23%tax-eq 6.54%rank 7 40%net 4.98%tax-eq 8.30%rank 3 45%net 4.92%tax-eq 8.94%rank 3
	—	4% Treasury Gilt 2063 GB00BMF9LF76 · Long	4.00%	2063-10-22	20Y+	73.52▲ +0.38%	1.399126d	5.73%▼ -2.3bps	3.69%
🎯 Key metrics Gross yield 5.73%% ▼ -2.3bps DMO yield 5.69%% Net yield 3.69%% Grossed-up yield 6.14%% Curve spread —bps Years to maturity 37.16y Modified duration 16.07y DV01 0.1204 📄 Bond Issue date 2023-05-17 Maturity date 2063-10-22 Ex-dividend date 2026-10-13 Next coupon 2026-10-22 Coupon 4.00%% Tenor 20Y+ 💷 Settlement Clean price 73.52 ▲ +0.38% Dirty price 74.92 Accrued interest 1.399 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +0.9bps Bench —% OIS % —% OIS spr —bps Running 5.44%% Bid / Offer (clean) Bid73.28 spread 0.48 Offer73.76 Bid / Offer (dirty) Bid74.68 — Offer75.16 📈 Holding-period return Consideration £73,520.00 Accrued interest £1,380.82 Maturity income £89,233.97 Capital gain £26,480.00 Total costs £1,392.77 Net return £114,321.20 Effective rate 3.07%% Implied rate 6.97%% 🧮 Tax bands 0%net 5.73%tax-eq 5.73%rank 16 20%net 4.70%tax-eq 5.87%rank 27 40%net 3.69%tax-eq 6.14%rank 35 45%net 3.44%tax-eq 6.25%rank 36
	—	2½% Treasury Gilt 2065 GB00BYYMZX75 · Long	2.50%	2065-07-22	20Y+	50.42▲ +0.43%	0.25135d	5.67%▼ -2.3bps	4.03%
🎯 Key metrics Gross yield 5.67%% ▼ -2.3bps DMO yield 5.64%% Net yield 4.03%% Grossed-up yield 6.72%% Curve spread —bps Years to maturity 38.90y Modified duration 18.34y DV01 0.0929 📄 Bond Issue date 2015-10-21 Maturity date 2065-07-22 Ex-dividend date 2027-01-13 Next coupon 2027-01-22 Coupon 2.50%% Tenor 20Y+ 💷 Settlement Clean price 50.42 ▲ +0.43% Dirty price 50.67 Accrued interest 0.251 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +2.5bps Bench —% OIS % —% OIS spr —bps Running 4.96%% Bid / Offer (clean) Bid50.23 spread 0.37 Offer50.60 Bid / Offer (dirty) Bid50.48 — Offer50.85 📈 Holding-period return Consideration £50,415.00 Accrued interest £239.73 Maturity income £58,397.26 Capital gain £49,585.00 Total costs £251.68 Net return £107,730.58 Effective rate 2.77%% Implied rate 9.15%% 🧮 Tax bands 0%net 5.67%tax-eq 5.67%rank 20 20%net 4.84%tax-eq 6.05%rank 15 40%net 4.03%tax-eq 6.72%rank 23 45%net 3.83%tax-eq 6.97%rank 25
	—	3½% Treasury Gilt 2068 GB00BBJNQY21 · Long	3.50%	2068-07-22	20Y+	65.53▲ +0.40%	0.35235d	5.66%▼ -2.3bps	3.72%
🎯 Key metrics Gross yield 5.66%% ▼ -2.3bps DMO yield 5.62%% Net yield 3.72%% Grossed-up yield 6.21%% Curve spread —bps Years to maturity 41.91y Modified duration 17.28y DV01 0.1138 📄 Bond Issue date 2013-06-26 Maturity date 2068-07-22 Ex-dividend date 2027-01-13 Next coupon 2027-01-22 Coupon 3.50%% Tenor 20Y+ 💷 Settlement Clean price 65.53 ▲ +0.40% Dirty price 65.88 Accrued interest 0.352 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +6.0bps Bench —% OIS % —% OIS spr —bps Running 5.34%% Bid / Offer (clean) Bid65.30 spread 0.45 Offer65.75 Bid / Offer (dirty) Bid65.65 — Offer66.10 📈 Holding-period return Consideration £65,525.00 Accrued interest £335.62 Maturity income £88,061.92 Capital gain £34,475.00 Total costs £347.57 Net return £122,189.35 Effective rate 2.91%% Implied rate 7.41%% 🧮 Tax bands 0%net 5.66%tax-eq 5.66%rank 21 20%net 4.68%tax-eq 5.85%rank 28 40%net 3.72%tax-eq 6.21%rank 34 45%net 3.49%tax-eq 6.34%rank 34
	—	1 5/8% Treasury Gilt 2071 GB00BFMCN652 · Long	1.63%	2071-10-22	20Y+	36.00▲ +0.49%	0.568126d	5.45%▼ -2.3bps	4.07%
🎯 Key metrics Gross yield 5.45%% ▼ -2.3bps DMO yield 5.42%% Net yield 4.07%% Grossed-up yield 6.79%% Curve spread —bps Years to maturity 45.16y Modified duration 21.09y DV01 0.0771 📄 Bond Issue date 2018-05-16 Maturity date 2071-10-22 Ex-dividend date 2026-10-13 Next coupon 2026-10-22 Coupon 1.63%% Tenor 20Y+ 💷 Settlement Clean price 36.00 ▲ +0.49% Dirty price 36.57 Accrued interest 0.568 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -14.8bps Bench —% OIS % —% OIS spr —bps Running 4.51%% Bid / Offer (clean) Bid35.85 spread 0.30 Offer36.15 Bid / Offer (dirty) Bid36.42 — Offer36.72 📈 Holding-period return Consideration £36,000.00 Accrued interest £560.96 Maturity income £44,056.64 Capital gain £64,000.00 Total costs £572.91 Net return £107,483.73 Effective rate 2.38%% Implied rate 11.01%% 🧮 Tax bands 0%net 5.45%tax-eq 5.45%rank 30 20%net 4.75%tax-eq 5.93%rank 21 40%net 4.07%tax-eq 6.79%rank 21 45%net 3.91%tax-eq 7.11%rank 23
	—	1 1/8% Treasury Gilt 2073 GB00BLBDX619 · Long	1.13%	2073-10-22	20Y+	27.78▲ +0.58%	0.393126d	5.32%▼ -2.4bps	4.20%
🎯 Key metrics Gross yield 5.32%% ▼ -2.4bps DMO yield 5.29%% Net yield 4.20%% Grossed-up yield 6.99%% Curve spread —bps Years to maturity 47.16y Modified duration 23.75y DV01 0.0669 📄 Bond Issue date 2022-02-09 Maturity date 2073-10-22 Ex-dividend date 2026-10-13 Next coupon 2026-10-22 Coupon 1.13%% Tenor 20Y+ 💷 Settlement Clean price 27.78 ▲ +0.58% Dirty price 28.17 Accrued interest 0.393 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -27.7bps Bench —% OIS % —% OIS spr —bps Running 4.05%% Bid / Offer (clean) Bid27.64 spread 0.27 Offer27.91 Bid / Offer (dirty) Bid28.03 — Offer28.30 📈 Holding-period return Consideration £27,775.00 Accrued interest £388.36 Maturity income £31,852.60 Capital gain £72,225.00 Total costs £400.31 Net return £103,677.30 Effective rate 2.20%% Implied rate 13.18%% 🧮 Tax bands 0%net 5.32%tax-eq 5.32%rank 36 20%net 4.74%tax-eq 5.93%rank 22 40%net 4.20%tax-eq 6.99%rank 18 45%net 4.06%tax-eq 7.39%rank 20
	—	1¼% Index-linked Treasury Gilt 2027 GB00B128DH60 · — · index-linked	1.25%	2027-11-22	0-2Y	101.39▼ -0.02%	0.32696d	0.13%▲ +1.4bps	-0.47%
🎯 Key metrics Gross yield 0.13%% ▲ +1.4bps DMO yield 0.12%% Net yield -0.47%% Grossed-up yield -0.79%% Curve spread —bps Years to maturity 1.24y Modified duration 1.23y DV01 0.0125 📄 Bond Issue date 2006-04-26 Maturity date 2027-11-22 Ex-dividend date 2026-11-12 Next coupon 2026-11-22 Coupon 1.25%% Tenor 0-2Y 💷 Settlement Clean price 101.39 ▼ -0.02% Dirty price 101.72 Accrued interest 0.326 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -7.5bps Bench —% OIS % —% OIS spr —bps Running 1.23%% Bid / Offer (clean) Bid101.37 spread 0.04 Offer101.41 Bid / Offer (dirty) Bid218.19 — Offer218.28 📈 Holding-period return Consideration £101,390.00 Accrued interest £328.77 Maturity income £930.82 Capital gain £-1,390.00 Total costs £340.72 Net return £-799.90 Effective rate -0.64%% Implied rate -1.06%% 🧮 Tax bands 0%net 0.13%tax-eq 0.13%rank 34 20%net -0.17%tax-eq -0.22%rank 34 40%net -0.47%tax-eq -0.79%rank 33 45%net -0.55%tax-eq -0.99%rank 33
	—	0 1/8% Index-linked Treasury Gilt 2028 GB00BZ1NTB69 · — · index-linked	0.13%	2028-08-10	0-2Y	99.68▼ -0.02%	0.00516d	0.29%▲ +0.8bps	0.24%
🎯 Key metrics Gross yield 0.29%% ▲ +0.8bps DMO yield 0.29%% Net yield 0.24%% Grossed-up yield 0.40%% Curve spread —bps Years to maturity 1.96y Modified duration 1.95y DV01 0.0195 📄 Bond Issue date 2018-06-21 Maturity date 2028-08-10 Ex-dividend date 2027-02-01 Next coupon 2027-02-10 Coupon 0.13%% Tenor 0-2Y 💷 Settlement Clean price 99.68 ▼ -0.02% Dirty price 99.69 Accrued interest 0.005 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +9.5bps Bench —% OIS % —% OIS spr —bps Running 0.13%% Bid / Offer (clean) Bid99.65 spread 0.05 Offer99.70 Bid / Offer (dirty) Bid148.59 — Offer148.66 📈 Holding-period return Consideration £99,675.00 Accrued interest £5.48 Maturity income £146.92 Capital gain £325.00 Total costs £17.43 Net return £454.49 Effective rate 0.23%% Implied rate 0.39%% 🧮 Tax bands 0%net 0.29%tax-eq 0.29%rank 33 20%net 0.27%tax-eq 0.33%rank 32 40%net 0.24%tax-eq 0.40%rank 32 45%net 0.23%tax-eq 0.43%rank 32
	—	0 1/8% Index-linked Treasury Gilt 2029 GB00B3Y1JG82 · — · index-linked	0.13%	2029-03-22	2-5Y	98.62▲ +0.02%	0.053157d	0.67%▼ -0.5bps	0.61%
🎯 Key metrics Gross yield 0.67%% ▼ -0.5bps DMO yield 0.67%% Net yield 0.61%% Grossed-up yield 1.02%% Curve spread —bps Years to maturity 2.57y Modified duration 2.56y DV01 0.0253 📄 Bond Issue date 2011-11-23 Maturity date 2029-03-22 Ex-dividend date 2026-09-11 Next coupon 2026-09-22 Coupon 0.13%% Tenor 2-5Y 💷 Settlement Clean price 98.62 ▲ +0.02% Dirty price 98.67 Accrued interest 0.053 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +30.0bps Bench —% OIS % —% OIS spr —bps Running 0.13%% Bid / Offer (clean) Bid98.58 spread 0.07 Offer98.65 Bid / Offer (dirty) Bid172.97 — Offer173.09 📈 Holding-period return Consideration £98,615.00 Accrued interest £53.77 Maturity income £192.95 Capital gain £1,385.00 Total costs £65.72 Net return £1,512.23 Effective rate 0.59%% Implied rate 0.99%% 🧮 Tax bands 0%net 0.67%tax-eq 0.67%rank 32 20%net 0.64%tax-eq 0.80%rank 31 40%net 0.61%tax-eq 1.02%rank 31 45%net 0.60%tax-eq 1.10%rank 31
	—	0 1/8% Index-linked Treasury Gilt 2031 GB00BNNGP551 · — · index-linked	0.13%	2031-08-10	2-5Y	96.00▲ +0.05%	0.00516d	0.95%▼ -0.9bps	0.90%
🎯 Key metrics Gross yield 0.95%% ▼ -0.9bps DMO yield 0.95%% Net yield 0.90%% Grossed-up yield 1.50%% Curve spread —bps Years to maturity 4.96y Modified duration 4.92y DV01 0.0472 📄 Bond Issue date 2021-01-28 Maturity date 2031-08-10 Ex-dividend date 2027-02-01 Next coupon 2027-02-10 Coupon 0.13%% Tenor 2-5Y 💷 Settlement Clean price 96.00 ▲ +0.05% Dirty price 96.01 Accrued interest 0.005 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -5.8bps Bench —% OIS % —% OIS spr —bps Running 0.13%% Bid / Offer (clean) Bid95.92 spread 0.15 Offer96.07 Bid / Offer (dirty) Bid136.03 — Offer136.24 📈 Holding-period return Consideration £95,995.00 Accrued interest £5.48 Maturity income £371.92 Capital gain £4,005.00 Total costs £17.43 Net return £4,359.49 Effective rate 0.88%% Implied rate 1.53%% 🧮 Tax bands 0%net 0.95%tax-eq 0.95%rank 30 20%net 0.93%tax-eq 1.16%rank 30 40%net 0.90%tax-eq 1.50%rank 28 45%net 0.90%tax-eq 1.63%rank 28
	—	1¼% Index-linked Treasury Gilt 2032 GB00B3D4VD98 · — · index-linked	1.25%	2032-11-22	5-10Y	100.04▲ +0.11%	0.32696d	1.24%▼ -1.8bps	0.72%
🎯 Key metrics Gross yield 1.24%% ▼ -1.8bps DMO yield 1.24%% Net yield 0.72%% Grossed-up yield 1.20%% Curve spread —bps Years to maturity 6.24y Modified duration 5.97y DV01 0.0599 📄 Bond Issue date 2008-10-29 Maturity date 2032-11-22 Ex-dividend date 2026-11-12 Next coupon 2026-11-22 Coupon 1.25%% Tenor 5-10Y 💷 Settlement Clean price 100.04 ▲ +0.11% Dirty price 100.37 Accrued interest 0.326 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -2.3bps Bench —% OIS % —% OIS spr —bps Running 1.25%% Bid / Offer (clean) Bid99.95 spread 0.18 Offer100.13 Bid / Offer (dirty) Bid192.29 — Offer192.63 📈 Holding-period return Consideration £100,040.00 Accrued interest £328.77 Maturity income £4,684.93 Capital gain £-40.00 Total costs £340.72 Net return £4,304.21 Effective rate 0.69%% Implied rate 1.15%% 🧮 Tax bands 0%net 1.24%tax-eq 1.24%rank 29 20%net 0.98%tax-eq 1.23%rank 29 40%net 0.72%tax-eq 1.20%rank 30 45%net 0.66%tax-eq 1.19%rank 30
	—	0¾% Index-linked Treasury Gilt 2033 GB00BMF9LJ15 · — · index-linked	0.75%	2033-11-22	5-10Y	95.20▲ +0.13%	0.19696d	1.45%▼ -1.8bps	1.13%
🎯 Key metrics Gross yield 1.45%% ▼ -1.8bps DMO yield 1.44%% Net yield 1.13%% Grossed-up yield 1.89%% Curve spread —bps Years to maturity 7.24y Modified duration 6.99y DV01 0.0667 📄 Bond Issue date 2023-06-28 Maturity date 2033-11-22 Ex-dividend date 2026-11-12 Next coupon 2026-11-22 Coupon 0.75%% Tenor 5-10Y 💷 Settlement Clean price 95.20 ▲ +0.13% Dirty price 95.40 Accrued interest 0.196 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +0.7bps Bench —% OIS % —% OIS spr —bps Running 0.79%% Bid / Offer (clean) Bid95.06 spread 0.27 Offer95.33 Bid / Offer (dirty) Bid106.55 — Offer106.85 📈 Holding-period return Consideration £95,195.00 Accrued interest £197.26 Maturity income £3,260.96 Capital gain £4,805.00 Total costs £209.21 Net return £7,856.75 Effective rate 1.08%% Implied rate 1.90%% 🧮 Tax bands 0%net 1.45%tax-eq 1.45%rank 28 20%net 1.29%tax-eq 1.61%rank 27 40%net 1.13%tax-eq 1.89%rank 27 45%net 1.09%tax-eq 1.99%rank 27
	—	0¾% Index-linked Treasury Gilt 2034 GB00B46CGH68 · — · index-linked	0.75%	2034-03-22	5-10Y	94.14▲ +0.17%	0.320157d	1.57%▼ -2.3bps	1.25%
🎯 Key metrics Gross yield 1.57%% ▼ -2.3bps DMO yield 1.57%% Net yield 1.25%% Grossed-up yield 2.08%% Curve spread —bps Years to maturity 7.57y Modified duration 7.29y DV01 0.0688 📄 Bond Issue date 2011-05-25 Maturity date 2034-03-22 Ex-dividend date 2026-09-11 Next coupon 2026-09-22 Coupon 0.75%% Tenor 5-10Y 💷 Settlement Clean price 94.14 ▲ +0.17% Dirty price 94.46 Accrued interest 0.320 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +8.2bps Bench —% OIS % —% OIS spr —bps Running 0.80%% Bid / Offer (clean) Bid94.00 spread 0.27 Offer94.27 Bid / Offer (dirty) Bid169.11 — Offer169.59 📈 Holding-period return Consideration £94,135.00 Accrued interest £322.60 Maturity income £3,408.90 Capital gain £5,865.00 Total costs £334.55 Net return £8,939.35 Effective rate 1.18%% Implied rate 2.09%% 🧮 Tax bands 0%net 1.57%tax-eq 1.57%rank 27 20%net 1.41%tax-eq 1.76%rank 26 40%net 1.25%tax-eq 2.08%rank 26 45%net 1.21%tax-eq 2.19%rank 25
	—	1 1/8% Index-linked Treasury Gilt 2035 GB00BT7HZZ68 · — · index-linked	1.13%	2035-09-22	5-10Y	94.82▲ +0.22%	0.480157d	1.74%▼ -2.5bps	1.26%
🎯 Key metrics Gross yield 1.74%% ▼ -2.5bps DMO yield 1.74%% Net yield 1.26%% Grossed-up yield 2.10%% Curve spread —bps Years to maturity 9.07y Modified duration 8.52y DV01 0.0812 📄 Bond Issue date 2025-01-29 Maturity date 2035-09-22 Ex-dividend date 2026-09-11 Next coupon 2026-09-22 Coupon 1.13%% Tenor 5-10Y 💷 Settlement Clean price 94.82 ▲ +0.22% Dirty price 95.30 Accrued interest 0.480 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +3.5bps Bench —% OIS % —% OIS spr —bps Running 1.19%% Bid / Offer (clean) Bid94.66 spread 0.32 Offer94.98 Bid / Offer (dirty) Bid101.34 — Offer101.69 📈 Holding-period return Consideration £94,820.00 Accrued interest £483.90 Maturity income £6,128.63 Capital gain £5,180.00 Total costs £495.85 Net return £10,812.78 Effective rate 1.19%% Implied rate 2.09%% 🧮 Tax bands 0%net 1.74%tax-eq 1.74%rank 25 20%net 1.50%tax-eq 1.88%rank 25 40%net 1.26%tax-eq 2.10%rank 25 45%net 1.20%tax-eq 2.18%rank 26
	—	0 1/8% Index-linked Treasury Gilt 2036 GB00BYZW3J87 · — · index-linked	0.13%	2036-11-22	10-20Y	83.69▲ +0.26%	0.03396d	1.88%▼ -2.5bps	1.83%
🎯 Key metrics Gross yield 1.88%% ▼ -2.5bps DMO yield 1.87%% Net yield 1.83%% Grossed-up yield 3.05%% Curve spread —bps Years to maturity 10.24y Modified duration 10.07y DV01 0.0843 📄 Bond Issue date 2016-03-11 Maturity date 2036-11-22 Ex-dividend date 2026-11-12 Next coupon 2026-11-22 Coupon 0.13%% Tenor 10-20Y 💷 Settlement Clean price 83.69 ▲ +0.26% Dirty price 83.72 Accrued interest 0.033 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +3.0bps Bench —% OIS % —% OIS spr —bps Running 0.15%% Bid / Offer (clean) Bid83.52 spread 0.34 Offer83.86 Bid / Offer (dirty) Bid133.79 — Offer134.33 📈 Holding-period return Consideration £83,690.00 Accrued interest £32.88 Maturity income £768.70 Capital gain £16,310.00 Total costs £44.83 Net return £17,033.87 Effective rate 1.66%% Implied rate 3.31%% 🧮 Tax bands 0%net 1.88%tax-eq 1.88%rank 24 20%net 1.86%tax-eq 2.32%rank 22 40%net 1.83%tax-eq 3.05%rank 21 45%net 1.82%tax-eq 3.31%rank 21
	—	1 1/8% Index-linked Treasury Gilt 2037 GB00B1L6W962 · — · index-linked	1.13%	2037-11-22	10-20Y	91.40▲ +0.27%	0.29396d	1.98%▼ -2.6bps	1.50%
🎯 Key metrics Gross yield 1.98%% ▼ -2.6bps DMO yield 1.97%% Net yield 1.50%% Grossed-up yield 2.50%% Curve spread —bps Years to maturity 11.24y Modified duration 10.41y DV01 0.0955 📄 Bond Issue date 2007-02-21 Maturity date 2037-11-22 Ex-dividend date 2026-11-12 Next coupon 2026-11-22 Coupon 1.13%% Tenor 10-20Y 💷 Settlement Clean price 91.40 ▲ +0.27% Dirty price 91.69 Accrued interest 0.293 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +2.2bps Bench —% OIS % —% OIS spr —bps Running 1.23%% Bid / Offer (clean) Bid91.21 spread 0.38 Offer91.59 Bid / Offer (dirty) Bid188.39 — Offer189.17 📈 Holding-period return Consideration £91,400.00 Accrued interest £295.89 Maturity income £7,593.29 Capital gain £8,600.00 Total costs £307.84 Net return £15,885.45 Effective rate 1.41%% Implied rate 2.57%% 🧮 Tax bands 0%net 1.98%tax-eq 1.98%rank 22 20%net 1.74%tax-eq 2.17%rank 23 40%net 1.50%tax-eq 2.50%rank 23 45%net 1.44%tax-eq 2.61%rank 23
	—	1¾% Index-linked Treasury Gilt 2038 GB00BMY62Z61 · — · index-linked	1.75%	2038-09-22	10-20Y	96.61▲ +0.27%	0.747157d	2.07%▼ -2.5bps	1.33%
🎯 Key metrics Gross yield 2.07%% ▼ -2.5bps DMO yield 2.06%% Net yield 1.33%% Grossed-up yield 2.21%% Curve spread —bps Years to maturity 12.07y Modified duration 10.72y DV01 0.1043 📄 Bond Issue date 2025-06-11 Maturity date 2038-09-22 Ex-dividend date 2026-09-11 Next coupon 2026-09-22 Coupon 1.75%% Tenor 10-20Y 💷 Settlement Clean price 96.61 ▲ +0.27% Dirty price 97.36 Accrued interest 0.747 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +2.7bps Bench —% OIS % —% OIS spr —bps Running 1.81%% Bid / Offer (clean) Bid96.40 spread 0.42 Offer96.82 Bid / Offer (dirty) Bid101.74 — Offer102.18 📈 Holding-period return Consideration £96,610.00 Accrued interest £752.74 Maturity income £12,686.30 Capital gain £3,390.00 Total costs £764.69 Net return £15,311.61 Effective rate 1.27%% Implied rate 2.19%% 🧮 Tax bands 0%net 2.07%tax-eq 2.07%rank 21 20%net 1.70%tax-eq 2.12%rank 24 40%net 1.33%tax-eq 2.21%rank 24 45%net 1.24%tax-eq 2.25%rank 24
	—	0 1/8% Index-linked Treasury Gilt 2039 GB00BLH38265 · — · index-linked	0.13%	2039-03-22	10-20Y	77.56▲ +0.31%	0.053157d	2.17%▼ -2.5bps	2.11%
🎯 Key metrics Gross yield 2.17%% ▼ -2.5bps DMO yield 2.15%% Net yield 2.11%% Grossed-up yield 3.52%% Curve spread —bps Years to maturity 12.57y Modified duration 12.32y DV01 0.0956 📄 Bond Issue date 2021-05-26 Maturity date 2039-03-22 Ex-dividend date 2026-09-11 Next coupon 2026-09-22 Coupon 0.13%% Tenor 10-20Y 💷 Settlement Clean price 77.56 ▲ +0.31% Dirty price 77.61 Accrued interest 0.053 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +8.8bps Bench —% OIS % —% OIS spr —bps Running 0.16%% Bid / Offer (clean) Bid77.37 spread 0.38 Offer77.75 Bid / Offer (dirty) Bid108.64 — Offer109.17 📈 Holding-period return Consideration £77,560.00 Accrued interest £53.77 Maturity income £943.36 Capital gain £22,440.00 Total costs £65.72 Net return £23,317.64 Effective rate 1.85%% Implied rate 3.98%% 🧮 Tax bands 0%net 2.17%tax-eq 2.17%rank 20 20%net 2.14%tax-eq 2.68%rank 18 40%net 2.11%tax-eq 3.52%rank 15 45%net 2.11%tax-eq 3.83%rank 14
	—	0 5/8% Index-linked Treasury Gilt 2040 GB00B3LZBF68 · — · index-linked	0.63%	2040-03-22	10-20Y	81.26▲ +0.29%	0.267157d	2.23%▼ -2.2bps	1.94%
🎯 Key metrics Gross yield 2.23%% ▼ -2.2bps DMO yield 2.21%% Net yield 1.94%% Grossed-up yield 3.24%% Curve spread —bps Years to maturity 13.57y Modified duration 12.77y DV01 0.1041 📄 Bond Issue date 2010-01-28 Maturity date 2040-03-22 Ex-dividend date 2026-09-11 Next coupon 2026-09-22 Coupon 0.63%% Tenor 10-20Y 💷 Settlement Clean price 81.26 ▲ +0.29% Dirty price 81.53 Accrued interest 0.267 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +6.4bps Bench —% OIS % —% OIS spr —bps Running 0.77%% Bid / Offer (clean) Bid81.05 spread 0.42 Offer81.47 Bid / Offer (dirty) Bid156.37 — Offer157.18 📈 Holding-period return Consideration £81,260.00 Accrued interest £268.84 Maturity income £5,092.81 Capital gain £18,740.00 Total costs £280.79 Net return £23,552.02 Effective rate 1.73%% Implied rate 3.56%% 🧮 Tax bands 0%net 2.23%tax-eq 2.23%rank 19 20%net 2.09%tax-eq 2.61%rank 20 40%net 1.94%tax-eq 3.24%rank 17 45%net 1.91%tax-eq 3.47%rank 17
	—	0 1/8% Index-linked Treasury Gilt 2041 GB00BGDYHF49 · — · index-linked	0.13%	2041-08-10	10-20Y	72.86▲ +0.30%	0.00516d	2.28%▼ -2.0bps	2.22%
🎯 Key metrics Gross yield 2.28%% ▼ -2.0bps DMO yield 2.25%% Net yield 2.22%% Grossed-up yield 3.69%% Curve spread —bps Years to maturity 14.96y Modified duration 14.62y DV01 0.1066 📄 Bond Issue date 2018-07-12 Maturity date 2041-08-10 Ex-dividend date 2027-02-01 Next coupon 2027-02-10 Coupon 0.13%% Tenor 10-20Y 💷 Settlement Clean price 72.86 ▲ +0.30% Dirty price 72.87 Accrued interest 0.005 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +1.0bps Bench —% OIS % —% OIS spr —bps Running 0.17%% Bid / Offer (clean) Bid72.65 spread 0.42 Offer73.07 Bid / Offer (dirty) Bid108.01 — Offer108.64 📈 Holding-period return Consideration £72,860.00 Accrued interest £5.48 Maturity income £1,122.53 Capital gain £27,140.00 Total costs £17.43 Net return £28,245.10 Effective rate 1.89%% Implied rate 4.32%% 🧮 Tax bands 0%net 2.28%tax-eq 2.28%rank 17 20%net 2.25%tax-eq 2.81%rank 13 40%net 2.22%tax-eq 3.69%rank 10 45%net 2.21%tax-eq 4.02%rank 10
	—	0 5/8% Index-linked Treasury Gilt 2042 GB00B3MYD345 · — · index-linked	0.63%	2042-11-22	10-20Y	76.90▲ +0.35%	0.16396d	2.34%▼ -2.3bps	2.05%
🎯 Key metrics Gross yield 2.34%% ▼ -2.3bps DMO yield 2.32%% Net yield 2.05%% Grossed-up yield 3.42%% Curve spread —bps Years to maturity 16.24y Modified duration 15.11y DV01 0.1165 📄 Bond Issue date 2009-07-24 Maturity date 2042-11-22 Ex-dividend date 2026-11-12 Next coupon 2026-11-22 Coupon 0.63%% Tenor 10-20Y 💷 Settlement Clean price 76.90 ▲ +0.35% Dirty price 77.06 Accrued interest 0.163 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +0.9bps Bench —% OIS % —% OIS spr —bps Running 0.81%% Bid / Offer (clean) Bid76.67 spread 0.46 Offer77.13 Bid / Offer (dirty) Bid150.57 — Offer151.47 📈 Holding-period return Consideration £76,900.00 Accrued interest £164.38 Maturity income £6,094.52 Capital gain £23,100.00 Total costs £176.33 Net return £29,018.19 Effective rate 1.79%% Implied rate 3.87%% 🧮 Tax bands 0%net 2.34%tax-eq 2.34%rank 15 20%net 2.20%tax-eq 2.75%rank 17 40%net 2.05%tax-eq 3.42%rank 16 45%net 2.01%tax-eq 3.66%rank 16
	—	0 1/8% Index-linked Treasury Gilt 2044 GB00B7RN0G65 · — · index-linked	0.13%	2044-03-22	10-20Y	67.04▲ +0.40%	0.053157d	2.44%▼ -2.3bps	2.38%
🎯 Key metrics Gross yield 2.44%% ▼ -2.3bps DMO yield 2.42%% Net yield 2.38%% Grossed-up yield 3.97%% Curve spread —bps Years to maturity 17.57y Modified duration 17.11y DV01 0.1148 📄 Bond Issue date 2012-07-25 Maturity date 2044-03-22 Ex-dividend date 2026-09-11 Next coupon 2026-09-22 Coupon 0.13%% Tenor 10-20Y 💷 Settlement Clean price 67.04 ▲ +0.40% Dirty price 67.09 Accrued interest 0.053 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +4.7bps Bench —% OIS % —% OIS spr —bps Running 0.19%% Bid / Offer (clean) Bid66.81 spread 0.46 Offer67.27 Bid / Offer (dirty) Bid114.83 — Offer115.62 📈 Holding-period return Consideration £67,040.00 Accrued interest £53.77 Maturity income £1,318.77 Capital gain £32,960.00 Total costs £65.72 Net return £34,213.05 Effective rate 1.95%% Implied rate 4.84%% 🧮 Tax bands 0%net 2.44%tax-eq 2.44%rank 12 20%net 2.41%tax-eq 3.01%rank 6 40%net 2.38%tax-eq 3.97%rank 6 45%net 2.37%tax-eq 4.31%rank 6
	—	0 5/8% Index-linked Treasury Gilt 2045 GB00BMF9LH90 · — · index-linked	0.63%	2045-03-22	10-20Y	72.69▲ +0.43%	0.267157d	2.47%▼ -2.5bps	2.16%
🎯 Key metrics Gross yield 2.47%% ▼ -2.5bps DMO yield 2.44%% Net yield 2.16%% Grossed-up yield 3.60%% Curve spread —bps Years to maturity 18.57y Modified duration 17.06y DV01 0.1245 📄 Bond Issue date 2023-04-27 Maturity date 2045-03-22 Ex-dividend date 2026-09-11 Next coupon 2026-09-22 Coupon 0.63%% Tenor 10-20Y 💷 Settlement Clean price 72.69 ▲ +0.43% Dirty price 72.96 Accrued interest 0.267 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +3.5bps Bench —% OIS % —% OIS spr —bps Running 0.86%% Bid / Offer (clean) Bid72.44 spread 0.50 Offer72.94 Bid / Offer (dirty) Bid83.18 — Offer83.75 📈 Holding-period return Consideration £72,690.00 Accrued interest £268.84 Maturity income £6,968.84 Capital gain £27,310.00 Total costs £280.79 Net return £33,998.05 Effective rate 1.83%% Implied rate 4.19%% 🧮 Tax bands 0%net 2.47%tax-eq 2.47%rank 10 20%net 2.31%tax-eq 2.89%rank 9 40%net 2.16%tax-eq 3.60%rank 13 45%net 2.12%tax-eq 3.86%rank 13
	—	0 1/8% Index-linked Treasury Gilt 2046 GB00BYMWG366 · — · index-linked	0.13%	2046-03-22	10-20Y	63.39▲ +0.43%	0.053157d	2.50%▼ -2.2bps	2.44%
🎯 Key metrics Gross yield 2.50%% ▼ -2.2bps DMO yield 2.47%% Net yield 2.44%% Grossed-up yield 4.06%% Curve spread —bps Years to maturity 19.57y Modified duration 19.01y DV01 0.1206 📄 Bond Issue date 2015-06-24 Maturity date 2046-03-22 Ex-dividend date 2026-09-11 Next coupon 2026-09-22 Coupon 0.13%% Tenor 10-20Y 💷 Settlement Clean price 63.39 ▲ +0.43% Dirty price 63.44 Accrued interest 0.053 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +3.6bps Bench —% OIS % —% OIS spr —bps Running 0.20%% Bid / Offer (clean) Bid63.15 spread 0.48 Offer63.63 Bid / Offer (dirty) Bid102.08 — Offer102.85 📈 Holding-period return Consideration £63,390.00 Accrued interest £53.77 Maturity income £1,468.77 Capital gain £36,610.00 Total costs £65.72 Net return £38,013.05 Effective rate 1.94%% Implied rate 5.10%% 🧮 Tax bands 0%net 2.50%tax-eq 2.50%rank 7 20%net 2.47%tax-eq 3.09%rank 3 40%net 2.44%tax-eq 4.06%rank 3 45%net 2.43%tax-eq 4.42%rank 3
	—	0¾% Index-linked Treasury Gilt 2047 GB00B24FFM16 · — · index-linked	0.75%	2047-11-22	20Y+	71.44▲ +0.44%	0.19696d	2.49%▼ -2.3bps	2.12%
🎯 Key metrics Gross yield 2.49%% ▼ -2.3bps DMO yield 2.46%% Net yield 2.12%% Grossed-up yield 3.54%% Curve spread —bps Years to maturity 21.24y Modified duration 19.00y DV01 0.1361 📄 Bond Issue date 2007-11-21 Maturity date 2047-11-22 Ex-dividend date 2026-11-12 Next coupon 2026-11-22 Coupon 0.75%% Tenor 20Y+ 💷 Settlement Clean price 71.44 ▲ +0.44% Dirty price 71.64 Accrued interest 0.196 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -1.4bps Bench —% OIS % —% OIS spr —bps Running 1.05%% Bid / Offer (clean) Bid71.17 spread 0.54 Offer71.71 Bid / Offer (dirty) Bid143.02 — Offer144.10 📈 Holding-period return Consideration £71,440.00 Accrued interest £197.26 Maturity income £9,564.66 Capital gain £28,560.00 Total costs £209.21 Net return £37,915.45 Effective rate 1.78%% Implied rate 4.16%% 🧮 Tax bands 0%net 2.49%tax-eq 2.49%rank 9 20%net 2.31%tax-eq 2.88%rank 10 40%net 2.12%tax-eq 3.54%rank 14 45%net 2.08%tax-eq 3.78%rank 15
	—	0 1/8% Index-linked Treasury Gilt 2048 GB00BZ13DV40 · — · index-linked	0.13%	2048-08-10	20Y+	59.71▲ +0.47%	0.00516d	2.53%▼ -2.2bps	2.46%
🎯 Key metrics Gross yield 2.53%% ▼ -2.2bps DMO yield 2.49%% Net yield 2.46%% Grossed-up yield 4.10%% Curve spread —bps Years to maturity 21.96y Modified duration 21.27y DV01 0.1270 📄 Bond Issue date 2017-11-08 Maturity date 2048-08-10 Ex-dividend date 2027-02-01 Next coupon 2027-02-10 Coupon 0.13%% Tenor 20Y+ 💷 Settlement Clean price 59.71 ▲ +0.47% Dirty price 59.72 Accrued interest 0.005 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +1.1bps Bench —% OIS % —% OIS spr —bps Running 0.21%% Bid / Offer (clean) Bid59.45 spread 0.51 Offer59.96 Bid / Offer (dirty) Bid90.08 — Offer90.86 📈 Holding-period return Consideration £59,705.00 Accrued interest £5.48 Maturity income £1,647.95 Capital gain £40,295.00 Total costs £17.43 Net return £41,925.52 Effective rate 1.91%% Implied rate 5.33%% 🧮 Tax bands 0%net 2.53%tax-eq 2.53%rank 4 20%net 2.49%tax-eq 3.12%rank 2 40%net 2.46%tax-eq 4.10%rank 2 45%net 2.45%tax-eq 4.46%rank 2
	—	1 7/8% Index-linked Treasury Gilt 2049 ⚠ GB00BT7J0134 · — · index-linked	1.88%	2049-09-22	20Y+	89.11▲ +0.40%	0.800157d	2.50%▼ -2.2bps	1.68%
🎯 Key metrics Gross yield 2.50%% ▼ -2.2bps DMO yield 2.47%% Net yield 1.68%% Grossed-up yield 2.80%% Curve spread —bps Years to maturity 23.07y Modified duration 18.13y DV01 0.1631 📄 Bond Issue date 2025-03-12 Maturity date 2049-09-22 Ex-dividend date 2026-09-11 Next coupon 2026-09-22 Coupon 1.88%% Tenor 20Y+ 💷 Settlement Clean price 89.11 ▲ +0.40% Dirty price 89.91 Accrued interest 0.800 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -3.1bps Bench —% OIS % —% OIS spr —bps Running 2.10%% Bid / Offer (clean) Bid88.78 spread 0.66 Offer89.44 Bid / Offer (dirty) Bid95.16 — Offer95.87 📈 Holding-period return Consideration £89,110.00 Accrued interest £806.51 Maturity income £25,976.71 Capital gain £10,890.00 Total costs £818.46 Net return £36,048.26 Effective rate 1.56%% Implied rate 2.92%% 🧮 Tax bands 0%net 2.50%tax-eq 2.50%rank 8 20%net 2.09%tax-eq 2.61%rank 19 40%net 1.68%tax-eq 2.80%rank 22 45%net 1.58%tax-eq 2.87%rank 22
	—	0½% Index-linked Treasury Gilt 2050 GB00B421JZ66 · — · index-linked	0.50%	2050-03-22	20Y+	63.99▲ +0.48%	0.213157d	2.54%▼ -2.2bps	2.28%
🎯 Key metrics Gross yield 2.54%% ▼ -2.2bps DMO yield 2.51%% Net yield 2.28%% Grossed-up yield 3.80%% Curve spread —bps Years to maturity 23.57y Modified duration 21.48y DV01 0.1379 📄 Bond Issue date 2009-09-25 Maturity date 2050-03-22 Ex-dividend date 2026-09-11 Next coupon 2026-09-22 Coupon 0.50%% Tenor 20Y+ 💷 Settlement Clean price 63.99 ▲ +0.48% Dirty price 64.20 Accrued interest 0.213 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +0.6bps Bench —% OIS % —% OIS spr —bps Running 0.78%% Bid / Offer (clean) Bid63.71 spread 0.56 Offer64.27 Bid / Offer (dirty) Bid124.72 — Offer125.81 📈 Holding-period return Consideration £63,990.00 Accrued interest £215.07 Maturity income £7,075.89 Capital gain £36,010.00 Total costs £227.02 Net return £42,858.87 Effective rate 1.82%% Implied rate 4.73%% 🧮 Tax bands 0%net 2.54%tax-eq 2.54%rank 2 20%net 2.41%tax-eq 3.01%rank 7 40%net 2.28%tax-eq 3.80%rank 8 45%net 2.25%tax-eq 4.08%rank 8
	—	0 1/8% Index-linked Treasury Gilt 2051 GB00BNNGP882 · — · index-linked	0.13%	2051-03-22	20Y+	56.05▲ +0.55%	0.053157d	2.54%▼ -2.3bps	2.47%
🎯 Key metrics Gross yield 2.54%% ▼ -2.3bps DMO yield 2.51%% Net yield 2.47%% Grossed-up yield 4.12%% Curve spread —bps Years to maturity 24.57y Modified duration 23.71y DV01 0.1330 📄 Bond Issue date 2021-02-10 Maturity date 2051-03-22 Ex-dividend date 2026-09-11 Next coupon 2026-09-22 Coupon 0.13%% Tenor 20Y+ 💷 Settlement Clean price 56.05 ▲ +0.55% Dirty price 56.10 Accrued interest 0.053 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +0.3bps Bench —% OIS % —% OIS spr —bps Running 0.22%% Bid / Offer (clean) Bid55.78 spread 0.54 Offer56.32 Bid / Offer (dirty) Bid79.04 — Offer79.80 📈 Holding-period return Consideration £56,050.00 Accrued interest £53.77 Maturity income £1,843.97 Capital gain £43,950.00 Total costs £65.72 Net return £45,728.26 Effective rate 1.86%% Implied rate 5.53%% 🧮 Tax bands 0%net 2.54%tax-eq 2.54%rank 1 20%net 2.51%tax-eq 3.13%rank 1 40%net 2.47%tax-eq 4.12%rank 1 45%net 2.46%tax-eq 4.48%rank 1
	—	0¼% Index-linked Treasury Gilt 2052 GB00B73ZYW09 · — · index-linked	0.25%	2052-03-22	20Y+	57.15▲ +0.59%	0.107157d	2.54%▼ -2.4bps	2.40%
🎯 Key metrics Gross yield 2.54%% ▼ -2.4bps DMO yield 2.51%% Net yield 2.40%% Grossed-up yield 4.00%% Curve spread —bps Years to maturity 25.57y Modified duration 24.08y DV01 0.1379 📄 Bond Issue date 2012-09-26 Maturity date 2052-03-22 Ex-dividend date 2026-09-11 Next coupon 2026-09-22 Coupon 0.25%% Tenor 20Y+ 💷 Settlement Clean price 57.15 ▲ +0.59% Dirty price 57.26 Accrued interest 0.107 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +0.1bps Bench —% OIS % —% OIS spr —bps Running 0.44%% Bid / Offer (clean) Bid56.87 spread 0.55 Offer57.42 Bid / Offer (dirty) Bid98.01 — Offer98.95 📈 Holding-period return Consideration £57,145.00 Accrued interest £107.53 Maturity income £3,838.36 Capital gain £42,855.00 Total costs £119.48 Net return £46,573.87 Effective rate 1.82%% Implied rate 5.31%% 🧮 Tax bands 0%net 2.54%tax-eq 2.54%rank 3 20%net 2.47%tax-eq 3.09%rank 4 40%net 2.40%tax-eq 4.00%rank 4 45%net 2.38%tax-eq 4.33%rank 4
	—	1¼% Index-linked Treasury Gilt 2054 GB00BPSNBG80 · — · index-linked	1.25%	2054-11-22	20Y+	74.52▲ +0.52%	0.32696d	2.52%▼ -2.3bps	1.92%
🎯 Key metrics Gross yield 2.52%% ▼ -2.3bps DMO yield 2.48%% Net yield 1.92%% Grossed-up yield 3.19%% Curve spread —bps Years to maturity 28.24y Modified duration 22.62y DV01 0.1693 📄 Bond Issue date 2024-03-14 Maturity date 2054-11-22 Ex-dividend date 2026-11-12 Next coupon 2026-11-22 Coupon 1.25%% Tenor 20Y+ 💷 Settlement Clean price 74.52 ▲ +0.52% Dirty price 74.85 Accrued interest 0.326 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -0.7bps Bench —% OIS % —% OIS spr —bps Running 1.68%% Bid / Offer (clean) Bid74.18 spread 0.68 Offer74.86 Bid / Offer (dirty) Bid81.95 — Offer82.69 📈 Holding-period return Consideration £74,520.00 Accrued interest £328.77 Maturity income £21,195.21 Capital gain £25,480.00 Total costs £340.72 Net return £46,334.49 Effective rate 1.64%% Implied rate 3.67%% 🧮 Tax bands 0%net 2.52%tax-eq 2.52%rank 5 20%net 2.22%tax-eq 2.77%rank 14 40%net 1.92%tax-eq 3.19%rank 18 45%net 1.84%tax-eq 3.35%rank 19
	—	1¼% Index-linked Treasury Gilt 2055 GB00B0CNHZ09 · — · index-linked	1.25%	2055-11-22	20Y+	74.09▲ +0.54%	0.32696d	2.51%▼ -2.3bps	1.90%
🎯 Key metrics Gross yield 2.51%% ▼ -2.3bps DMO yield 2.47%% Net yield 1.90%% Grossed-up yield 3.17%% Curve spread —bps Years to maturity 29.24y Modified duration 23.23y DV01 0.1729 📄 Bond Issue date 2005-09-23 Maturity date 2055-11-22 Ex-dividend date 2026-11-12 Next coupon 2026-11-22 Coupon 1.25%% Tenor 20Y+ 💷 Settlement Clean price 74.09 ▲ +0.54% Dirty price 74.42 Accrued interest 0.326 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -0.6bps Bench —% OIS % —% OIS spr —bps Running 1.69%% Bid / Offer (clean) Bid73.74 spread 0.69 Offer74.43 Bid / Offer (dirty) Bid160.46 — Offer161.95 📈 Holding-period return Consideration £74,085.00 Accrued interest £328.77 Maturity income £21,945.21 Capital gain £25,915.00 Total costs £340.72 Net return £47,519.49 Effective rate 1.62%% Implied rate 3.65%% 🧮 Tax bands 0%net 2.51%tax-eq 2.51%rank 6 20%net 2.20%tax-eq 2.75%rank 16 40%net 1.90%tax-eq 3.17%rank 19 45%net 1.83%tax-eq 3.33%rank 20
	—	0 1/8% Index-Linked Treasury Gilt 2056 ⚠ GB00BYVP4K94 · — · index-linked	0.13%	2056-11-22	20Y+	50.33▲ +0.68%	0.03396d	2.46%▼ -2.3bps	2.39%
🎯 Key metrics Gross yield 2.46%% ▼ -2.3bps DMO yield 2.43%% Net yield 2.39%% Grossed-up yield 3.99%% Curve spread —bps Years to maturity 30.24y Modified duration 28.98y DV01 0.1460 📄 Bond Issue date 2016-11-30 Maturity date 2056-11-22 Ex-dividend date 2026-11-12 Next coupon 2026-11-22 Coupon 0.13%% Tenor 20Y+ 💷 Settlement Clean price 50.33 ▲ +0.68% Dirty price 50.36 Accrued interest 0.033 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -3.2bps Bench —% OIS % —% OIS spr —bps Running 0.25%% Bid / Offer (clean) Bid50.04 spread 0.58 Offer50.62 Bid / Offer (dirty) Bid78.71 — Offer79.62 📈 Holding-period return Consideration £50,330.00 Accrued interest £32.88 Maturity income £2,269.73 Capital gain £49,670.00 Total costs £44.83 Net return £51,894.90 Effective rate 1.71%% Implied rate 5.68%% 🧮 Tax bands 0%net 2.46%tax-eq 2.46%rank 11 20%net 2.43%tax-eq 3.03%rank 5 40%net 2.39%tax-eq 3.99%rank 5 45%net 2.38%tax-eq 4.33%rank 5
	—	0 1/8% Index-linked Treasury Gilt 2058 GB00BP9DLZ64 · — · index-linked	0.13%	2058-03-22	20Y+	49.25▲ +0.63%	0.053157d	2.44%▼ -2.1bps	2.36%
🎯 Key metrics Gross yield 2.44%% ▼ -2.1bps DMO yield 2.41%% Net yield 2.36%% Grossed-up yield 3.94%% Curve spread —bps Years to maturity 31.57y Modified duration 30.20y DV01 0.1489 📄 Bond Issue date 2014-07-30 Maturity date 2058-03-22 Ex-dividend date 2026-09-11 Next coupon 2026-09-22 Coupon 0.13%% Tenor 20Y+ 💷 Settlement Clean price 49.25 ▲ +0.63% Dirty price 49.30 Accrued interest 0.053 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -3.6bps Bench —% OIS % —% OIS spr —bps Running 0.25%% Bid / Offer (clean) Bid48.95 spread 0.59 Offer49.54 Bid / Offer (dirty) Bid79.73 — Offer80.69 📈 Holding-period return Consideration £49,245.00 Accrued interest £53.77 Maturity income £2,369.38 Capital gain £50,755.00 Total costs £65.72 Net return £53,058.67 Effective rate 1.68%% Implied rate 5.68%% 🧮 Tax bands 0%net 2.44%tax-eq 2.44%rank 13 20%net 2.40%tax-eq 3.00%rank 8 40%net 2.36%tax-eq 3.94%rank 7 45%net 2.36%tax-eq 4.28%rank 7
	—	0 3/8% Index-linked Treasury Gilt 2062 GB00B4PTCY75 · — · index-linked	0.38%	2062-03-22	20Y+	51.96▲ +0.68%	0.160157d	2.39%▼ -2.1bps	2.17%
🎯 Key metrics Gross yield 2.39%% ▼ -2.1bps DMO yield 2.35%% Net yield 2.17%% Grossed-up yield 3.61%% Curve spread —bps Years to maturity 35.57y Modified duration 31.65y DV01 0.1650 📄 Bond Issue date 2011-10-26 Maturity date 2062-03-22 Ex-dividend date 2026-09-11 Next coupon 2026-09-22 Coupon 0.38%% Tenor 20Y+ 💷 Settlement Clean price 51.96 ▲ +0.68% Dirty price 52.12 Accrued interest 0.160 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +0.6bps Bench —% OIS % —% OIS spr —bps Running 0.72%% Bid / Offer (clean) Bid51.63 spread 0.66 Offer52.29 Bid / Offer (dirty) Bid91.44 — Offer92.60 📈 Holding-period return Consideration £51,960.00 Accrued interest £161.30 Maturity income £8,008.77 Capital gain £48,040.00 Total costs £173.25 Net return £55,875.52 Effective rate 1.57%% Implied rate 5.04%% 🧮 Tax bands 0%net 2.39%tax-eq 2.39%rank 14 20%net 2.28%tax-eq 2.85%rank 11 40%net 2.17%tax-eq 3.61%rank 11 45%net 2.14%tax-eq 3.89%rank 12
	—	0 1/8% Index-linked Treasury Gilt 2065 ⚠ GB00BD9MZZ71 · — · index-linked	0.13%	2065-11-22	20Y+	43.96▲ +0.78%	0.03396d	2.30%▼ -2.1bps	2.22%
🎯 Key metrics Gross yield 2.30%% ▼ -2.1bps DMO yield 2.27%% Net yield 2.22%% Grossed-up yield 3.70%% Curve spread —bps Years to maturity 39.24y Modified duration 37.15y DV01 0.1634 📄 Bond Issue date 2016-02-24 Maturity date 2065-11-22 Ex-dividend date 2026-11-12 Next coupon 2026-11-22 Coupon 0.13%% Tenor 20Y+ 💷 Settlement Clean price 43.96 ▲ +0.78% Dirty price 43.99 Accrued interest 0.033 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +3.3bps Bench —% OIS % —% OIS spr —bps Running 0.28%% Bid / Offer (clean) Bid43.63 spread 0.65 Offer44.28 Bid / Offer (dirty) Bid69.80 — Offer70.84 📈 Holding-period return Consideration £43,955.00 Accrued interest £32.88 Maturity income £2,945.14 Capital gain £56,045.00 Total costs £44.83 Net return £58,945.31 Effective rate 1.50%% Implied rate 5.69%% 🧮 Tax bands 0%net 2.30%tax-eq 2.30%rank 16 20%net 2.26%tax-eq 2.83%rank 12 40%net 2.22%tax-eq 3.70%rank 9 45%net 2.21%tax-eq 4.02%rank 9
	—	0 1/8% Index-linked Treasury Gilt 2068 GB00BDX8CX86 · — · index-linked	0.13%	2068-03-22	20Y+	42.87▲ +0.83%	0.053157d	2.25%▼ -2.1bps	2.17%
🎯 Key metrics Gross yield 2.25%% ▼ -2.1bps DMO yield 2.22%% Net yield 2.17%% Grossed-up yield 3.61%% Curve spread —bps Years to maturity 41.57y Modified duration 39.22y DV01 0.1684 📄 Bond Issue date 2013-09-25 Maturity date 2068-03-22 Ex-dividend date 2026-09-11 Next coupon 2026-09-22 Coupon 0.13%% Tenor 20Y+ 💷 Settlement Clean price 42.87 ▲ +0.83% Dirty price 42.92 Accrued interest 0.053 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +0.4bps Bench —% OIS % —% OIS spr —bps Running 0.29%% Bid / Offer (clean) Bid42.53 spread 0.68 Offer43.21 Bid / Offer (dirty) Bid71.00 — Offer72.14 📈 Holding-period return Consideration £42,870.00 Accrued interest £53.77 Maturity income £3,120.00 Capital gain £57,130.00 Total costs £65.72 Net return £60,184.28 Effective rate 1.45%% Implied rate 5.62%% 🧮 Tax bands 0%net 2.25%tax-eq 2.25%rank 18 20%net 2.21%tax-eq 2.76%rank 15 40%net 2.17%tax-eq 3.61%rank 12 45%net 2.16%tax-eq 3.92%rank 11
	—	0 1/8% Index-linked Treasury Gilt 2073 ⚠ GB00BM8Z2W66 · — · index-linked	0.13%	2073-03-22	20Y+	44.15▲ +0.89%	0.053157d	1.96%▼ -2.0bps	1.88%
🎯 Key metrics Gross yield 1.96%% ▼ -2.0bps DMO yield 1.93%% Net yield 1.88%% Grossed-up yield 3.13%% Curve spread —bps Years to maturity 46.57y Modified duration 43.80y DV01 0.1936 📄 Bond Issue date 2021-11-24 Maturity date 2073-03-22 Ex-dividend date 2026-09-11 Next coupon 2026-09-22 Coupon 0.13%% Tenor 20Y+ 💷 Settlement Clean price 44.15 ▲ +0.89% Dirty price 44.20 Accrued interest 0.053 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -28.5bps Bench —% OIS % —% OIS spr —bps Running 0.28%% Bid / Offer (clean) Bid43.76 spread 0.78 Offer44.54 Bid / Offer (dirty) Bid59.17 — Offer60.22 📈 Holding-period return Consideration £44,150.00 Accrued interest £53.77 Maturity income £3,495.21 Capital gain £55,850.00 Total costs £65.72 Net return £59,279.49 Effective rate 1.27%% Implied rate 4.80%% 🧮 Tax bands 0%net 1.96%tax-eq 1.96%rank 23 20%net 1.92%tax-eq 2.40%rank 21 40%net 1.88%tax-eq 3.13%rank 20 45%net 1.87%tax-eq 3.40%rank 18
	—	4 1/8% Index-linked Treasury Stock 2030 ⚠ GB0008932666 · — · index-linked	4.13%	2030-07-22	2-5Y	342.41▲ +0.02%	0.39235d	0.68%▼ -0.7bps	-0.89%
🎯 Key metrics Gross yield 0.68%% ▼ -0.7bps DMO yield 0.91%% Net yield -0.89%% Grossed-up yield -1.48%% Curve spread —bps Years to maturity 3.90y Modified duration 3.64y DV01 0.1248 📄 Bond Issue date 1992-06-12 Maturity date 2030-07-22 Ex-dividend date 2027-01-13 Next coupon 2027-01-22 Coupon 4.13%% Tenor 2-5Y 💷 Settlement Clean price 342.41 ▲ +0.02% Dirty price 342.80 Accrued interest 0.392 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div -7.9bps Bench —% OIS % —% OIS spr —bps Running 3.64%% Bid / Offer (clean) Bid342.22 spread 0.37 Offer342.59 Bid / Offer (dirty) Bid343.49 — Offer343.86 📈 Holding-period return Consideration £113,240.92 Accrued interest £395.55 Maturity income £9,669.45 Capital gain £-13,240.92 Total costs £407.50 Net return £-3,978.97 Effective rate -1.02%% Implied rate -1.50%% 🧮 Tax bands 0%net 0.68%tax-eq 0.68%rank 31 20%net -0.10%tax-eq -0.13%rank 33 40%net -0.89%tax-eq -1.48%rank 34 45%net -1.09%tax-eq -1.97%rank 34
	—	2% Index-linked Treasury Stock 2035 ⚠ GB0031790826 · — · index-linked	2.00%	2035-01-26	5-10Y	241.91▲ +0.19%	0.16831d	1.64%▼ -2.4bps	0.85%
🎯 Key metrics Gross yield 1.64%% ▼ -2.4bps DMO yield 1.74%% Net yield 0.85%% Grossed-up yield 1.41%% Curve spread —bps Years to maturity 8.42y Modified duration 7.72y DV01 0.1869 📄 Bond Issue date 2002-07-11 Maturity date 2035-01-26 Ex-dividend date 2027-01-15 Next coupon 2027-01-26 Coupon 2.00%% Tenor 5-10Y 💷 Settlement Clean price 241.91 ▲ +0.19% Dirty price 242.08 Accrued interest 0.168 Settlement date 2026-08-26 📊 Relative value Div (bps) —bps Δ Div +2.2bps Bench —% OIS % —% OIS spr —bps Running 1.95%% Bid / Offer (clean) Bid241.53 spread 0.75 Offer242.28 Bid / Offer (dirty) Bid241.96 — Offer242.71 📈 Holding-period return Consideration £102,802.22 Accrued interest £169.86 Maturity income £10,109.59 Capital gain £-2,802.22 Total costs £181.81 Net return £7,125.55 Effective rate 0.85%% Implied rate 1.37%% 🧮 Tax bands 0%net 1.64%tax-eq 1.64%rank 26 20%net 1.24%tax-eq 1.55%rank 28 40%net 0.85%tax-eq 1.41%rank 29 45%net 0.75%tax-eq 1.36%rank 29

Market data as of 2026-08-25 · all figures assume a settlement on .

Glossary