Gilts are UK Government securities issued by HM Treasury. Since April 1998 gilts have been issued by the DMO on behalf of HM Treasury. The DMO took over gilt issuance from the Bank of England, following the transfer of responsibility for setting interest rates from HM Treasury to the Bank in May 1997.
The following pages provide information on the gilt market. If you are a member of the public who is interested in knowing more about investing in gilts please go to the page on how to buy and sell gilts.