Gilts: How to Make Money from Government IOUs

Connie and Mik explain what gilts are and why they have nothing to do with feeling bad about something you did or said. Mik breaks down how lending money to the government works, how you get paid interest, and how you get your money back at the end. They cover what “coupon” and “maturity” mean, how they're are priced, and why some can be an efficient (and legal) way to pay less tax. If you have ever wondered how the government borrows money and how you can earn from it, this episode is a good starting point. For education and entertainment only. Not financial advice.