2.1a Cash instruments - government bonds

This paper covers:

• UK government bonds and bills, including the primary gilt market, the secondary market and pricing, clean and dirty prices, gilt price sensitivity, the gilt strip market, index-linked gilts, and less usual gilt features
• US and other countries’ bonds and bills
• Emerging market bonds
• Par yields
• The UK DMO’s gilt pricing formulae

This paper has 24 pages and the Excel has 2 sheets