Legal & General Finance 5.875% 2031 Gilt
Live yield & returns · Last updated 2026-05-31T17:09:53.966977+00:00 · Capital at risk
4.89%
5.61%
£104.69
11 December 2031
The Legal & General Finance 5.875% 2031 is a corporate bond with a 5.875% coupon, maturing on 11 Dec 2031 — roughly 5.5 years from now. At the latest market price it is a medium-dated (5–15 years) holding currently trading above par (at a premium).
Based on a clean price of about £104.69 per £100 nominal, this gilt offers a running yield of 5.61% and a yield to maturity of 4.89%. The running yield reflects the income return from coupons alone, while the yield to maturity also accounts for the capital movement if you hold to redemption.
Because capital gains on gilts are exempt from UK Capital Gains Tax, a gilt priced below par can be particularly tax-efficient: the pull-to-par capital gain is tax-free, and only the coupon income is taxable. The calculator below shows both gross and net (after-tax) returns.
Worked example: a £10,000.00 investment
Held to maturity, assuming 20% tax on coupon income (capital gains on gilts are tax-free):
| Units purchased | 95 |
| Amount invested | £9,945.55 |
| Total coupon income | £3,087.59 |
| Capital gain / loss | -£487.44 |
| Total profit (gross) | £2,600.15 |
| Total profit (after tax) | £1,982.63 |
| Annualised return (gross) | 4.73% |
| Annualised return (net) | 3.60% |
Estimates for illustration only. Not financial advice.
Similar gilts
| Gilt | YTM | Maturity |
|---|---|---|
| gilt 5.750% 2032 | 5.16% | 3 December 2032 |
| Brit Insurance Holdings 3.676% 2030 | 6.41% | 9 December 2030 |
| Lendinvest Secured Income 8.250% 2030 | 7.65% | 18 November 2030 |
| GE Capital 5.875% 2033 | 5.14% | 18 January 2033 |
Frequently asked questions
What is the yield on the Legal & General Finance 5.875% 2031 gilt?
Based on the latest market price, the Legal & General Finance 5.875% 2031 has a yield to maturity of 4.89% and a running (income) yield of 5.61%. Yields move daily with the gilt's market price.
When does the Legal & General Finance 5.875% 2031 gilt mature?
This gilt matures on 11 Dec 2031, approximately 5.5 years from today. At maturity holders receive the £100 nominal value per unit.
Are returns on the Legal & General Finance 5.875% 2031 taxed?
Capital gains on UK gilts are exempt from Capital Gains Tax. Coupon income is taxable as income, though it can be sheltered within an ISA or SIPP. This page shows both gross and after-tax figures.
How much would a £10,000 investment in the Legal & General Finance 5.875% 2031 return?
A £10,000 investment would buy approximately 95 units and, held to maturity, is projected to return a total profit of about £2,600.15 (gross). See the worked example on this page for the full breakdown.