Metro Bank Holdings plc 14.000% 2034 Gilt
Live yield & returns · Last updated 2026-05-31T17:09:53.966977+00:00 · Capital at risk
10.73%
11.94%
£117.25
30 April 2034
The Metro Bank Holdings plc 14.000% 2034 is a corporate bond with a 14.000% coupon, maturing on 30 Apr 2034 — roughly 7.9 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 £117.25 per £100 nominal, this gilt offers a running yield of 11.94% and a yield to maturity of 10.73%. 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 | 85 |
| Amount invested | £9,966.25 |
| Total coupon income | £9,422.87 |
| Capital gain / loss | -£1,555.57 |
| Total profit (gross) | £7,867.31 |
| Total profit (after tax) | £5,982.73 |
| Annualised return (gross) | 9.97% |
| Annualised return (net) | 7.58% |
Estimates for illustration only. Not financial advice.
Similar gilts
| Gilt | YTM | Maturity |
|---|---|---|
| GlaxoSmithKline Capital 5.250% 2033 | 4.83% | 19 December 2033 |
| B.A.T. International Finance 6.000% 2034 | 5.51% | 24 November 2034 |
| HSBC Bank plc 5.375% 2033 | 5.22% | 22 August 2033 |
| Allied Irish Banks plc 12.500% 2035 | 24.13% | 25 June 2035 |
Frequently asked questions
What is the yield on the Metro Bank Holdings plc 14.000% 2034 gilt?
Based on the latest market price, the Metro Bank Holdings plc 14.000% 2034 has a yield to maturity of 10.73% and a running (income) yield of 11.94%. Yields move daily with the gilt's market price.
When does the Metro Bank Holdings plc 14.000% 2034 gilt mature?
This gilt matures on 30 Apr 2034, approximately 7.9 years from today. At maturity holders receive the £100 nominal value per unit.
Are returns on the Metro Bank Holdings plc 14.000% 2034 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 Metro Bank Holdings plc 14.000% 2034 return?
A £10,000 investment would buy approximately 85 units and, held to maturity, is projected to return a total profit of about £7,867.31 (gross). See the worked example on this page for the full breakdown.