What Are GILTS?

GILTS are UK government bonds and are a popular investment option, offering a reliable source of income. Due to being backed by the UK government, they are considered one of the safest forms of investment.

How to Purchase

There are several platforms where you can buy GILTS, both online and through brokers:

1. London Stock Exchange

One of the most common places to buy GILTS is through the London Stock Exchange (LSE). Many brokers provide access to this market, making it a straightforward way to buy and sell GILT bonds. To do so, you will need an active brokerage account.

2. AJ Bell

AJ Bell is a user-friendly platform for buying GILTS. It provides detailed information on available GILTS, including prices, maturity dates, and yields. AJ Bell also allows you to hold GILTS within their investment accounts, such as ISAs or SIPPs.

3. Interactive Investor

Another popular platform is Interactive Investor, which allows you to purchase GILTS with ease. With a simple interface and competitive trading fees, it's a favourite choice for UK investors. It offers a wide range of government bonds suited for both new and experienced investors.

4. Wealth Management Firms

If you prefer more personalised service, wealth management firms also provide access to GILTS. These firms often offer tailored advice and portfolio management, including GILTS, which can be useful for those seeking professional guidance.

Direct Purchase

In the past, individual investors could purchase GILTS directly from the Debt Management Office (DMO), which is part of HM Treasury. However, today, most individual investors purchase GILTS via brokers or investment platforms.

Things to Consider

Before purchasing GILTS, it’s important to consider the following:

• Fees: Different platforms charge various fees or commissions for buying and selling GILTS.

• Maturity Dates: GILTS come with different maturity dates, so be sure to select one that matches your investment timeline.

• Yields: Comparing yields across platforms is essential to ensure you’re securing the best possible return on your investment.

Conclusion

Buying GILTS is a relatively straightforward process, thanks to the many online platforms and brokers available. Whether you’re looking for a low-risk investment or seeking to diversify your portfolio, GILTS remain a solid choice for UK investors.