Every gilt

Price: each payment discounted at the Bank of England spot rate for its own date — £100.19 at maturity in 0.02 years at 4.25%: dirty price £100.10; less accrued coupon £0.18 (96% of the current half-year has run) = clean price £99.92.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £100.10 is 4.25%.

Duration: the money-weighted average time to the payments is 0.02 years; modified duration 0.02 ÷ (1 + 4.25%/2) = 0.02, so a 1-point rise in yields cuts the price about 0.0%: £2.00 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £0.19 is coupon (taxed as savings income) and £0.08 is the gain from £99.92 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 2.39% at 20%, 0.54% at 40% and 0.08% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — £102.06 at maturity in 0.29 years at 4.25%: dirty price £100.82; less accrued coupon £0.86 (42% of the current half-year has run) = clean price £99.96.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £100.82 is 4.25%.

Duration: the money-weighted average time to the payments is 0.29 years; modified duration 0.29 ÷ (1 + 4.25%/2) = 0.29, so a 1-point rise in yields cuts the price about 0.3%: £28.54 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £2.06 is coupon (taxed as savings income) and £0.04 is the gain from £99.96 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 2.83% at 20%, 1.42% at 40% and 1.07% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — £101.88 at maturity in 0.39 years at 4.25%: dirty price £100.21; less accrued coupon £0.40 (21% of the current half-year has run) = clean price £99.80.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £100.21 is 4.25%.

Duration: the money-weighted average time to the payments is 0.39 years; modified duration 0.39 ÷ (1 + 4.25%/2) = 0.38, so a 1-point rise in yields cuts the price about 0.4%: £38.46 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £1.88 is coupon (taxed as savings income) and £0.20 is the gain from £99.80 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 3.29% at 20%, 2.34% at 40% and 2.10% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 1 more half-yearly coupon of £0.63 per £100 (the first in 0.27 years at 4.25%) and £100.63 at maturity in 0.77 years at 4.37%: dirty price £97.96; less accrued coupon £0.29 (46% of the current half-year has run) = clean price £97.67.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £97.96 is 4.37%.

Duration: the money-weighted average time to the payments is 0.76 years; modified duration 0.76 ÷ (1 + 4.37%/2) = 0.75, so a 1-point rise in yields cuts the price about 0.7%: £74.84 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £1.25 is coupon (taxed as savings income) and £2.33 is the gain from £97.67 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.04% at 20%, 3.70% at 40% and 3.62% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 2 more half-yearly coupons of £2.13 per £100 (the first in 0.15 years at 4.25%) and £102.13 at maturity in 1.15 years at 4.52%: dirty price £101.21; less accrued coupon £1.51 (71% of the current half-year has run) = clean price £99.70.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £101.21 is 4.52%.

Duration: the money-weighted average time to the payments is 1.11 years; modified duration 1.11 ÷ (1 + 4.52%/2) = 1.09, so a 1-point rise in yields cuts the price about 1.1%: £109.00 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £6.38 is coupon (taxed as savings income) and £0.30 is the gain from £99.70 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 3.40% at 20%, 2.28% at 40% and 2.00% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 2 more half-yearly coupons of £0.06 per £100 (the first in 0.30 years at 4.25%) and £100.06 at maturity in 1.30 years at 4.56%: dirty price £94.50; less accrued coupon £0.03 (41% of the current half-year has run) = clean price £94.47.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £94.50 is 4.56%.

Duration: the money-weighted average time to the payments is 1.30 years; modified duration 1.30 ÷ (1 + 4.56%/2) = 1.27, so a 1-point rise in yields cuts the price about 1.3%: £126.64 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £0.19 is coupon (taxed as savings income) and £5.53 is the gain from £94.47 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.53% at 20%, 4.50% at 40% and 4.50% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 2 more half-yearly coupons of £2.19 per £100 (the first in 0.39 years at 4.25%) and £102.19 at maturity in 1.39 years at 4.59%: dirty price £100.17; less accrued coupon £0.46 (21% of the current half-year has run) = clean price £99.71.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £100.17 is 4.59%.

Duration: the money-weighted average time to the payments is 1.36 years; modified duration 1.36 ÷ (1 + 4.59%/2) = 1.33, so a 1-point rise in yields cuts the price about 1.3%: £133.23 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £6.56 is coupon (taxed as savings income) and £0.29 is the gain from £99.71 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 3.64% at 20%, 2.70% at 40% and 2.47% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 3 more half-yearly coupons of £2.25 per £100 (the first in 0.15 years at 4.25%) and £102.25 at maturity in 1.65 years at 4.65%: dirty price £101.36; less accrued coupon £1.59 (71% of the current half-year has run) = clean price £99.77.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £101.36 is 4.65%.

Duration: the money-weighted average time to the payments is 1.58 years; modified duration 1.58 ÷ (1 + 4.65%/2) = 1.55, so a 1-point rise in yields cuts the price about 1.5%: £154.57 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £9.00 is coupon (taxed as savings income) and £0.23 is the gain from £99.77 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 3.54% at 20%, 2.45% at 40% and 2.17% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 4 more half-yearly coupons of £0.81 per £100 (the first in 0.02 years at 4.25%) and £100.81 at maturity in 2.02 years at 4.72%: dirty price £94.88; less accrued coupon £0.78 (96% of the current half-year has run) = clean price £94.10.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £94.88 is 4.72%.

Duration: the money-weighted average time to the payments is 1.98 years; modified duration 1.98 ÷ (1 + 4.72%/2) = 1.93, so a 1-point rise in yields cuts the price about 1.9%: £193.44 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £4.06 is coupon (taxed as savings income) and £5.90 is the gain from £94.10 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.30% at 20%, 3.88% at 40% and 3.77% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 4 more half-yearly coupons of £3.00 per £100 (the first in 0.15 years at 4.25%) and £103.00 at maturity in 2.15 years at 4.74%: dirty price £104.68; less accrued coupon £2.11 (70% of the current half-year has run) = clean price £102.56.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £104.68 is 4.73%.

Duration: the money-weighted average time to the payments is 2.01 years; modified duration 2.01 ÷ (1 + 4.73%/2) = 1.96, so a 1-point rise in yields cuts the price about 2.0%: £196.23 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £15.00 is coupon (taxed as savings income) and there is a loss of £2.56 from £102.56 to £100 (not relievable). Taxing only the coupons, the net redemption yield is 3.35% at 20%, 1.97% at 40% and 1.63% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 4 more half-yearly coupons of £0.25 per £100 (the first in 0.30 years at 4.25%) and £100.25 at maturity in 2.30 years at 4.76%: dirty price £90.94; less accrued coupon £0.10 (40% of the current half-year has run) = clean price £90.84.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £90.94 is 4.76%.

Duration: the money-weighted average time to the payments is 2.29 years; modified duration 2.29 ÷ (1 + 4.76%/2) = 2.23, so a 1-point rise in yields cuts the price about 2.2%: £223.20 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £1.25 is coupon (taxed as savings income) and £9.16 is the gain from £90.84 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.64% at 20%, 4.52% at 40% and 4.50% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 5 more half-yearly coupons of £2.00 per £100 (the first in 0.10 years at 4.25%) and £102.00 at maturity in 2.60 years at 4.79%: dirty price £99.69; less accrued coupon £1.59 (80% of the current half-year has run) = clean price £98.10.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £99.69 is 4.78%.

Duration: the money-weighted average time to the payments is 2.46 years; modified duration 2.46 ÷ (1 + 4.78%/2) = 2.40, so a 1-point rise in yields cuts the price about 2.4%: £239.97 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £12.00 is coupon (taxed as savings income) and £1.90 is the gain from £98.10 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 3.84% at 20%, 2.91% at 40% and 2.67% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 5 more half-yearly coupons of £2.06 per £100 (the first in 0.27 years at 4.25%) and £102.06 at maturity in 2.77 years at 4.81%: dirty price £99.21; less accrued coupon £0.95 (46% of the current half-year has run) = clean price £98.26.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £99.21 is 4.80%.

Duration: the money-weighted average time to the payments is 2.62 years; modified duration 2.62 ÷ (1 + 4.80%/2) = 2.56, so a 1-point rise in yields cuts the price about 2.6%: £255.86 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £12.38 is coupon (taxed as savings income) and £1.74 is the gain from £98.26 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 3.89% at 20%, 2.99% at 40% and 2.76% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 6 more half-yearly coupons of £0.44 per £100 (the first in 0.02 years at 4.25%) and £100.44 at maturity in 3.02 years at 4.83%: dirty price £89.42; less accrued coupon £0.42 (96% of the current half-year has run) = clean price £89.00.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £89.42 is 4.83%.

Duration: the money-weighted average time to the payments is 2.97 years; modified duration 2.97 ÷ (1 + 4.83%/2) = 2.90, so a 1-point rise in yields cuts the price about 2.9%: £290.17 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £3.06 is coupon (taxed as savings income) and £11.00 is the gain from £89.00 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.61% at 20%, 4.39% at 40% and 4.34% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 6 more half-yearly coupons of £2.19 per £100 (the first in 0.39 years at 4.25%) and £102.19 at maturity in 3.39 years at 4.86%: dirty price £98.98; less accrued coupon £0.47 (21% of the current half-year has run) = clean price £98.52.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £98.98 is 4.85%.

Duration: the money-weighted average time to the payments is 3.17 years; modified duration 3.17 ÷ (1 + 4.85%/2) = 3.10, so a 1-point rise in yields cuts the price about 3.1%: £309.93 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £15.31 is coupon (taxed as savings income) and £1.48 is the gain from £98.52 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 3.94% at 20%, 3.03% at 40% and 2.80% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 7 more half-yearly coupons of £2.31 per £100 (the first in 0.10 years at 4.25%) and £102.31 at maturity in 3.60 years at 4.88%: dirty price £101.04; less accrued coupon £1.84 (80% of the current half-year has run) = clean price £99.20.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £101.04 is 4.87%.

Duration: the money-weighted average time to the payments is 3.30 years; modified duration 3.30 ÷ (1 + 4.87%/2) = 3.22, so a 1-point rise in yields cuts the price about 3.2%: £321.90 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £18.50 is coupon (taxed as savings income) and £0.80 is the gain from £99.20 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 3.83% at 20%, 2.79% at 40% and 2.54% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 8 more half-yearly coupons of £0.19 per £100 (the first in 0.02 years at 4.25%) and £100.19 at maturity in 4.02 years at 4.91%: dirty price £83.81; less accrued coupon £0.18 (96% of the current half-year has run) = clean price £83.63.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £83.81 is 4.91%.

Duration: the money-weighted average time to the payments is 3.98 years; modified duration 3.98 ÷ (1 + 4.91%/2) = 3.89, so a 1-point rise in yields cuts the price about 3.9%: £388.69 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £1.69 is coupon (taxed as savings income) and £16.37 is the gain from £83.63 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.82% at 20%, 4.72% at 40% and 4.70% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 8 more half-yearly coupons of £2.38 per £100 (the first in 0.15 years at 4.25%) and £102.38 at maturity in 4.15 years at 4.92%: dirty price £101.09; less accrued coupon £1.68 (71% of the current half-year has run) = clean price £99.41.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £101.09 is 4.91%.

Duration: the money-weighted average time to the payments is 3.75 years; modified duration 3.75 ÷ (1 + 4.91%/2) = 3.66, so a 1-point rise in yields cuts the price about 3.7%: £365.93 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £21.38 is coupon (taxed as savings income) and £0.59 is the gain from £99.41 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 3.87% at 20%, 2.83% at 40% and 2.57% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 8 more half-yearly coupons of £2.06 per £100 (the first in 0.39 years at 4.25%) and £102.06 at maturity in 4.39 years at 4.94%: dirty price £97.30; less accrued coupon £0.44 (21% of the current half-year has run) = clean price £96.86.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £97.30 is 4.93%.

Duration: the money-weighted average time to the payments is 4.04 years; modified duration 4.04 ÷ (1 + 4.93%/2) = 3.94, so a 1-point rise in yields cuts the price about 3.9%: £394.16 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £18.56 is coupon (taxed as savings income) and £3.14 is the gain from £96.86 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.06% at 20%, 3.20% at 40% and 2.99% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 9 more half-yearly coupons of £0.13 per £100 (the first in 0.29 years at 4.25%) and £100.13 at maturity in 4.79 years at 4.97%: dirty price £80.14; less accrued coupon £0.05 (41% of the current half-year has run) = clean price £80.08.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £80.14 is 4.97%.

Duration: the money-weighted average time to the payments is 4.76 years; modified duration 4.76 ÷ (1 + 4.97%/2) = 4.64, so a 1-point rise in yields cuts the price about 4.6%: £464.46 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £1.25 is coupon (taxed as savings income) and £19.92 is the gain from £80.08 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.91% at 20%, 4.85% at 40% and 4.84% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 10 more half-yearly coupons of £2.00 per £100 (the first in 0.02 years at 4.25%) and £102.00 at maturity in 5.02 years at 4.99%: dirty price £97.64; less accrued coupon £1.92 (96% of the current half-year has run) = clean price £95.72.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £97.64 is 4.97%.

Duration: the money-weighted average time to the payments is 4.50 years; modified duration 4.50 ÷ (1 + 4.97%/2) = 4.39, so a 1-point rise in yields cuts the price about 4.4%: £438.69 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £22.00 is coupon (taxed as savings income) and £4.28 is the gain from £95.72 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.07% at 20%, 3.16% at 40% and 2.94% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 10 more half-yearly coupons of £0.50 per £100 (the first in 0.30 years at 4.25%) and £100.50 at maturity in 5.30 years at 5.01%: dirty price £81.76; less accrued coupon £0.20 (41% of the current half-year has run) = clean price £81.55.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £81.76 is 5.01%.

Duration: the money-weighted average time to the payments is 5.14 years; modified duration 5.14 ÷ (1 + 5.01%/2) = 5.02, so a 1-point rise in yields cuts the price about 5.0%: £501.65 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £5.50 is coupon (taxed as savings income) and £18.45 is the gain from £81.55 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.77% at 20%, 4.54% at 40% and 4.48% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 10 more half-yearly coupons of £2.31 per £100 (the first in 0.39 years at 4.25%) and £102.31 at maturity in 5.39 years at 5.02%: dirty price £98.73; less accrued coupon £0.49 (21% of the current half-year has run) = clean price £98.24.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £98.73 is 5.00%.

Duration: the money-weighted average time to the payments is 4.81 years; modified duration 4.81 ÷ (1 + 5.00%/2) = 4.69, so a 1-point rise in yields cuts the price about 4.7%: £468.99 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £25.44 is coupon (taxed as savings income) and £1.76 is the gain from £98.24 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.05% at 20%, 3.09% at 40% and 2.85% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 11 more half-yearly coupons of £2.13 per £100 (the first in 0.15 years at 4.25%) and £102.13 at maturity in 5.65 years at 5.04%: dirty price £97.75; less accrued coupon £1.50 (71% of the current half-year has run) = clean price £96.25.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £97.75 is 5.02%.

Duration: the money-weighted average time to the payments is 4.99 years; modified duration 4.99 ÷ (1 + 5.02%/2) = 4.87, so a 1-point rise in yields cuts the price about 4.9%: £486.74 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £25.50 is coupon (taxed as savings income) and £3.75 is the gain from £96.25 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.09% at 20%, 3.16% at 40% and 2.93% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 12 more half-yearly coupons of £1.63 per £100 (the first in 0.30 years at 4.25%) and £101.63 at maturity in 6.30 years at 5.10%: dirty price £90.91; less accrued coupon £0.66 (40% of the current half-year has run) = clean price £90.25.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £90.91 is 5.08%.

Duration: the money-weighted average time to the payments is 5.67 years; modified duration 5.67 ÷ (1 + 5.08%/2) = 5.53, so a 1-point rise in yields cuts the price about 5.5%: £552.98 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £21.13 is coupon (taxed as savings income) and £9.75 is the gain from £90.25 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.36% at 20%, 3.65% at 40% and 3.47% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 12 more half-yearly coupons of £2.06 per £100 (the first in 0.39 years at 4.25%) and £102.06 at maturity in 6.39 years at 5.11%: dirty price £95.27; less accrued coupon £0.44 (21% of the current half-year has run) = clean price £94.84.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £95.27 is 5.08%.

Duration: the money-weighted average time to the payments is 5.64 years; modified duration 5.64 ÷ (1 + 5.08%/2) = 5.50, so a 1-point rise in yields cuts the price about 5.5%: £549.75 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £26.81 is coupon (taxed as savings income) and £5.16 is the gain from £94.84 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.21% at 20%, 3.35% at 40% and 3.13% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 13 more half-yearly coupons of £0.44 per £100 (the first in 0.29 years at 4.25%) and £100.44 at maturity in 6.79 years at 5.14%: dirty price £76.01; less accrued coupon £0.18 (41% of the current half-year has run) = clean price £75.83.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £76.01 is 5.13%.

Duration: the money-weighted average time to the payments is 6.56 years; modified duration 6.56 ÷ (1 + 5.13%/2) = 6.40, so a 1-point rise in yields cuts the price about 6.4%: £639.58 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £6.13 is coupon (taxed as savings income) and £24.17 is the gain from £75.83 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.92% at 20%, 4.71% at 40% and 4.66% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 14 more half-yearly coupons of £2.31 per £100 (the first in 0.30 years at 4.25%) and £102.31 at maturity in 7.30 years at 5.19%: dirty price £97.77; less accrued coupon £0.94 (40% of the current half-year has run) = clean price £96.84.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £97.77 is 5.15%.

Duration: the money-weighted average time to the payments is 6.20 years; modified duration 6.20 ÷ (1 + 5.15%/2) = 6.04, so a 1-point rise in yields cuts the price about 6.0%: £604.26 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £34.69 is coupon (taxed as savings income) and £3.16 is the gain from £96.84 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.18% at 20%, 3.21% at 40% and 2.96% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 15 more half-yearly coupons of £2.13 per £100 (the first in 0.29 years at 4.25%) and £102.13 at maturity in 7.79 years at 5.23%: dirty price £94.90; less accrued coupon £0.88 (41% of the current half-year has run) = clean price £94.02.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £94.90 is 5.19%.

Duration: the money-weighted average time to the payments is 6.61 years; modified duration 6.61 ÷ (1 + 5.19%/2) = 6.45, so a 1-point rise in yields cuts the price about 6.4%: £644.66 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £34.00 is coupon (taxed as savings income) and £5.98 is the gain from £94.02 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.28% at 20%, 3.38% at 40% and 3.15% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 15 more half-yearly coupons of £2.25 per £100 (the first in 0.40 years at 4.25%) and £102.25 at maturity in 7.90 years at 5.24%: dirty price £95.99; less accrued coupon £0.46 (21% of the current half-year has run) = clean price £95.52.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £95.99 is 5.20%.

Duration: the money-weighted average time to the payments is 6.67 years; modified duration 6.67 ÷ (1 + 5.20%/2) = 6.50, so a 1-point rise in yields cuts the price about 6.5%: £650.05 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £36.00 is coupon (taxed as savings income) and £4.48 is the gain from £95.52 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.26% at 20%, 3.32% at 40% and 3.09% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 16 more half-yearly coupons of £2.25 per £100 (the first in 0.39 years at 4.25%) and £102.25 at maturity in 8.39 years at 5.29%: dirty price £95.53; less accrued coupon £0.48 (21% of the current half-year has run) = clean price £95.04.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £95.53 is 5.24%.

Duration: the money-weighted average time to the payments is 7.01 years; modified duration 7.01 ÷ (1 + 5.24%/2) = 6.83, so a 1-point rise in yields cuts the price about 6.8%: £682.80 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £38.25 is coupon (taxed as savings income) and £4.96 is the gain from £95.04 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.30% at 20%, 3.36% at 40% and 3.12% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 17 more half-yearly coupons of £0.31 per £100 (the first in 0.29 years at 4.25%) and £100.31 at maturity in 8.79 years at 5.32%: dirty price £67.54; less accrued coupon £0.13 (41% of the current half-year has run) = clean price £67.41.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £67.54 is 5.31%.

Duration: the money-weighted average time to the payments is 8.49 years; modified duration 8.49 ÷ (1 + 5.31%/2) = 8.27, so a 1-point rise in yields cuts the price about 8.3%: £826.81 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £5.63 is coupon (taxed as savings income) and £32.59 is the gain from £67.41 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 5.15% at 20%, 4.99% at 40% and 4.95% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 18 more half-yearly coupons of £2.38 per £100 (the first in 0.02 years at 4.25%) and £102.38 at maturity in 9.02 years at 5.34%: dirty price £98.49; less accrued coupon £2.28 (96% of the current half-year has run) = clean price £96.21.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £98.49 is 5.28%.

Duration: the money-weighted average time to the payments is 7.23 years; modified duration 7.23 ÷ (1 + 5.28%/2) = 7.05, so a 1-point rise in yields cuts the price about 7.0%: £704.58 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £45.13 is coupon (taxed as savings income) and £3.79 is the gain from £96.21 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.25% at 20%, 3.22% at 40% and 2.96% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 18 more half-yearly coupons of £2.13 per £100 (the first in 0.39 years at 4.25%) and £102.13 at maturity in 9.39 years at 5.37%: dirty price £92.63; less accrued coupon £0.45 (21% of the current half-year has run) = clean price £92.19.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £92.63 is 5.32%.

Duration: the money-weighted average time to the payments is 7.73 years; modified duration 7.73 ÷ (1 + 5.32%/2) = 7.53, so a 1-point rise in yields cuts the price about 7.5%: £752.84 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £40.38 is coupon (taxed as savings income) and £7.81 is the gain from £92.19 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.41% at 20%, 3.51% at 40% and 3.29% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 19 more half-yearly coupons of £2.44 per £100 (the first in 0.29 years at 4.25%) and £102.44 at maturity in 9.79 years at 5.41%: dirty price £97.49; less accrued coupon £1.00 (41% of the current half-year has run) = clean price £96.49.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £97.49 is 5.34%.

Duration: the money-weighted average time to the payments is 7.78 years; modified duration 7.78 ÷ (1 + 5.34%/2) = 7.58, so a 1-point rise in yields cuts the price about 7.6%: £758.12 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £48.75 is coupon (taxed as savings income) and £3.51 is the gain from £96.49 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.32% at 20%, 3.30% at 40% and 3.04% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 20 more half-yearly coupons of £2.31 per £100 (the first in 0.39 years at 4.25%) and £102.31 at maturity in 10.39 years at 5.46%: dirty price £94.49; less accrued coupon £0.49 (21% of the current half-year has run) = clean price £94.00.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £94.49 is 5.39%.

Duration: the money-weighted average time to the payments is 8.25 years; modified duration 8.25 ÷ (1 + 5.39%/2) = 8.03, so a 1-point rise in yields cuts the price about 8.0%: £803.41 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £48.56 is coupon (taxed as savings income) and £6.00 is the gain from £94.00 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.41% at 20%, 3.44% at 40% and 3.20% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 21 more half-yearly coupons of £0.88 per £100 (the first in 0.40 years at 4.25%) and £100.88 at maturity in 10.90 years at 5.50%: dirty price £69.97; less accrued coupon £0.18 (20% of the current half-year has run) = clean price £69.79.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £69.97 is 5.47%.

Duration: the money-weighted average time to the payments is 9.71 years; modified duration 9.71 ÷ (1 + 5.47%/2) = 9.45, so a 1-point rise in yields cuts the price about 9.4%: £944.78 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £19.25 is coupon (taxed as savings income) and £30.21 is the gain from £69.79 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 5.03% at 20%, 4.60% at 40% and 4.49% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 22 more half-yearly coupons of £1.88 per £100 (the first in 0.29 years at 4.25%) and £101.88 at maturity in 11.29 years at 5.53%: dirty price £86.51; less accrued coupon £0.78 (42% of the current half-year has run) = clean price £85.73.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £86.51 is 5.46%.

Duration: the money-weighted average time to the payments is 9.03 years; modified duration 9.03 ÷ (1 + 5.46%/2) = 8.79, so a 1-point rise in yields cuts the price about 8.8%: £879.47 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £43.13 is coupon (taxed as savings income) and £14.27 is the gain from £85.73 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.62% at 20%, 3.78% at 40% and 3.57% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 24 more half-yearly coupons of £2.38 per £100 (the first in 0.15 years at 4.25%) and £102.38 at maturity in 12.15 years at 5.60%: dirty price £95.12; less accrued coupon £1.68 (71% of the current half-year has run) = clean price £93.44.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £95.12 is 5.50%.

Duration: the money-weighted average time to the payments is 9.09 years; modified duration 9.09 ÷ (1 + 5.50%/2) = 8.85, so a 1-point rise in yields cuts the price about 8.8%: £884.89 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £59.38 is coupon (taxed as savings income) and £6.56 is the gain from £93.44 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.47% at 20%, 3.45% at 40% and 3.19% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 24 more half-yearly coupons of £0.56 per £100 (the first in 0.30 years at 4.25%) and £100.56 at maturity in 12.30 years at 5.61%: dirty price £60.97; less accrued coupon £0.23 (41% of the current half-year has run) = clean price £60.74.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £60.97 is 5.58%.

Duration: the money-weighted average time to the payments is 11.18 years; modified duration 11.18 ÷ (1 + 5.58%/2) = 10.88, so a 1-point rise in yields cuts the price about 10.9%: £1087.75 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £14.06 is coupon (taxed as savings income) and £39.26 is the gain from £60.74 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 5.27% at 20%, 4.97% at 40% and 4.89% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 25 more half-yearly coupons of £2.13 per £100 (the first in 0.40 years at 4.25%) and £102.13 at maturity in 12.90 years at 5.65%: dirty price £88.59; less accrued coupon £0.44 (21% of the current half-year has run) = clean price £88.15.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £88.59 is 5.55%.

Duration: the money-weighted average time to the payments is 9.79 years; modified duration 9.79 ÷ (1 + 5.55%/2) = 9.53, so a 1-point rise in yields cuts the price about 9.5%: £952.76 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £55.25 is coupon (taxed as savings income) and £11.85 is the gain from £88.15 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.62% at 20%, 3.70% at 40% and 3.47% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 26 more half-yearly coupons of £2.19 per £100 (the first in 0.30 years at 4.25%) and £102.19 at maturity in 13.30 years at 5.68%: dirty price £89.79; less accrued coupon £0.89 (41% of the current half-year has run) = clean price £88.89.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £89.79 is 5.57%.

Duration: the money-weighted average time to the payments is 9.90 years; modified duration 9.90 ÷ (1 + 5.57%/2) = 9.63, so a 1-point rise in yields cuts the price about 9.6%: £963.39 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £59.06 is coupon (taxed as savings income) and £11.11 is the gain from £88.89 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.61% at 20%, 3.65% at 40% and 3.41% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 28 more half-yearly coupons of £2.13 per £100 (the first in 0.15 years at 4.25%) and £102.13 at maturity in 14.15 years at 5.73%: dirty price £88.31; less accrued coupon £1.50 (70% of the current half-year has run) = clean price £86.81.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £88.31 is 5.61%.

Duration: the money-weighted average time to the payments is 10.31 years; modified duration 10.31 ÷ (1 + 5.61%/2) = 10.03, so a 1-point rise in yields cuts the price about 10.0%: £1002.64 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £61.63 is coupon (taxed as savings income) and £13.19 is the gain from £86.81 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.65% at 20%, 3.70% at 40% and 3.46% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 28 more half-yearly coupons of £2.63 per £100 (the first in 0.30 years at 4.25%) and £102.63 at maturity in 14.30 years at 5.74%: dirty price £97.64; less accrued coupon £1.06 (40% of the current half-year has run) = clean price £96.58.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £97.64 is 5.60%.

Duration: the money-weighted average time to the payments is 10.04 years; modified duration 10.04 ÷ (1 + 5.60%/2) = 9.77, so a 1-point rise in yields cuts the price about 9.8%: £976.79 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £76.13 is coupon (taxed as savings income) and £3.42 is the gain from £96.58 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.51% at 20%, 3.42% at 40% and 3.14% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 30 more half-yearly coupons of £0.63 per £100 (the first in 0.02 years at 4.25%) and £100.63 at maturity in 15.02 years at 5.78%: dirty price £55.85; less accrued coupon £0.60 (96% of the current half-year has run) = clean price £55.26.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £55.85 is 5.73%.

Duration: the money-weighted average time to the payments is 13.00 years; modified duration 13.00 ÷ (1 + 5.73%/2) = 12.64, so a 1-point rise in yields cuts the price about 12.6%: £1264.19 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £19.38 is coupon (taxed as savings income) and £44.74 is the gain from £55.26 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 5.36% at 20%, 5.00% at 40% and 4.91% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 32 more half-yearly coupons of £2.25 per £100 (the first in 0.15 years at 4.25%) and £102.25 at maturity in 16.15 years at 5.84%: dirty price £89.15; less accrued coupon £1.59 (71% of the current half-year has run) = clean price £87.56.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £89.15 is 5.69%.

Duration: the money-weighted average time to the payments is 11.09 years; modified duration 11.09 ÷ (1 + 5.69%/2) = 10.78, so a 1-point rise in yields cuts the price about 10.8%: £1078.33 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £74.25 is coupon (taxed as savings income) and £12.44 is the gain from £87.56 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.68% at 20%, 3.68% at 40% and 3.43% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 34 more half-yearly coupons of £2.38 per £100 (the first in 0.02 years at 4.25%) and £102.38 at maturity in 17.02 years at 5.87%: dirty price £91.92; less accrued coupon £2.28 (96% of the current half-year has run) = clean price £89.64.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £91.92 is 5.71%.

Duration: the money-weighted average time to the payments is 11.24 years; modified duration 11.24 ÷ (1 + 5.71%/2) = 10.93, so a 1-point rise in yields cuts the price about 10.9%: £1093.16 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £83.13 is coupon (taxed as savings income) and £10.36 is the gain from £89.64 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.65% at 20%, 3.60% at 40% and 3.34% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 34 more half-yearly coupons of £1.63 per £100 (the first in 0.27 years at 4.25%) and £101.63 at maturity in 17.27 years at 5.88%: dirty price £73.56; less accrued coupon £0.74 (46% of the current half-year has run) = clean price £72.82.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £73.56 is 5.75%.

Duration: the money-weighted average time to the payments is 12.41 years; modified duration 12.41 ÷ (1 + 5.75%/2) = 12.07, so a 1-point rise in yields cuts the price about 12.1%: £1206.58 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £56.88 is coupon (taxed as savings income) and £27.18 is the gain from £72.82 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.95% at 20%, 4.14% at 40% and 3.95% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 36 more half-yearly coupons of £1.75 per £100 (the first in 0.27 years at 4.25%) and £101.75 at maturity in 18.27 years at 5.92%: dirty price £75.33; less accrued coupon £0.79 (45% of the current half-year has run) = clean price £74.54.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £75.33 is 5.77%.

Duration: the money-weighted average time to the payments is 12.65 years; modified duration 12.65 ÷ (1 + 5.77%/2) = 12.30, so a 1-point rise in yields cuts the price about 12.3%: £1229.65 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £64.75 is coupon (taxed as savings income) and £25.46 is the gain from £74.54 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.91% at 20%, 4.06% at 40% and 3.85% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 38 more half-yearly coupons of £0.44 per £100 (the first in 0.30 years at 4.25%) and £100.44 at maturity in 19.30 years at 5.94%: dirty price £42.78; less accrued coupon £0.18 (40% of the current half-year has run) = clean price £42.61.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £42.78 is 5.89%.

Duration: the money-weighted average time to the payments is 16.61 years; modified duration 16.61 ÷ (1 + 5.89%/2) = 16.13, so a 1-point rise in yields cuts the price about 16.1%: £1613.25 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £17.06 is coupon (taxed as savings income) and £57.39 is the gain from £42.61 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 5.60% at 20%, 5.31% at 40% and 5.24% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 40 more half-yearly coupons of £2.13 per £100 (the first in 0.15 years at 4.25%) and £102.13 at maturity in 20.15 years at 5.96%: dirty price £83.34; less accrued coupon £1.50 (71% of the current half-year has run) = clean price £81.84.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £83.34 is 5.79%.

Duration: the money-weighted average time to the payments is 12.74 years; modified duration 12.74 ÷ (1 + 5.79%/2) = 12.38, so a 1-point rise in yields cuts the price about 12.4%: £1237.85 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £87.13 is coupon (taxed as savings income) and £18.16 is the gain from £81.84 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.79% at 20%, 3.81% at 40% and 3.56% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 41 more half-yearly coupons of £0.75 per £100 (the first in 0.27 years at 4.25%) and £100.75 at maturity in 20.77 years at 5.97%: dirty price £48.15; less accrued coupon £0.35 (46% of the current half-year has run) = clean price £47.80.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £48.15 is 5.89%.

Duration: the money-weighted average time to the payments is 16.11 years; modified duration 16.11 ÷ (1 + 5.89%/2) = 15.65, so a 1-point rise in yields cuts the price about 15.6%: £1564.97 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £31.50 is coupon (taxed as savings income) and £52.20 is the gain from £47.80 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 5.41% at 20%, 4.94% at 40% and 4.82% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 44 more half-yearly coupons of £0.88 per £100 (the first in 0.27 years at 4.25%) and £100.88 at maturity in 22.27 years at 5.99%: dirty price £49.38; less accrued coupon £0.40 (45% of the current half-year has run) = clean price £48.98.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £49.38 is 5.89%.

Duration: the money-weighted average time to the payments is 16.33 years; modified duration 16.33 ÷ (1 + 5.89%/2) = 15.86, so a 1-point rise in yields cuts the price about 15.9%: £1585.89 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £39.38 is coupon (taxed as savings income) and £51.02 is the gain from £48.98 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 5.34% at 20%, 4.79% at 40% and 4.65% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 46 more half-yearly coupons of £2.13 per £100 (the first in 0.15 years at 4.25%) and £102.13 at maturity in 23.15 years at 6.00%: dirty price £81.68; less accrued coupon £1.50 (71% of the current half-year has run) = clean price £80.18.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £81.68 is 5.82%.

Duration: the money-weighted average time to the payments is 13.65 years; modified duration 13.65 ÷ (1 + 5.82%/2) = 13.26, so a 1-point rise in yields cuts the price about 13.3%: £1326.33 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £99.88 is coupon (taxed as savings income) and £19.82 is the gain from £80.18 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.81% at 20%, 3.81% at 40% and 3.56% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 48 more half-yearly coupons of £0.31 per £100 (the first in 0.02 years at 4.25%) and £100.31 at maturity in 24.02 years at 6.00%: dirty price £32.63; less accrued coupon £0.30 (96% of the current half-year has run) = clean price £32.33.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £32.63 is 5.96%.

Duration: the money-weighted average time to the payments is 20.28 years; modified duration 20.28 ÷ (1 + 5.96%/2) = 19.69, so a 1-point rise in yields cuts the price about 19.7%: £1969.16 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £15.31 is coupon (taxed as savings income) and £67.67 is the gain from £32.33 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 5.70% at 20%, 5.45% at 40% and 5.39% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 49 more half-yearly coupons of £0.63 per £100 (the first in 0.29 years at 4.25%) and £100.63 at maturity in 24.79 years at 6.00%: dirty price £39.91; less accrued coupon £0.26 (41% of the current half-year has run) = clean price £39.65.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £39.91 is 5.92%.

Duration: the money-weighted average time to the payments is 18.55 years; modified duration 18.55 ÷ (1 + 5.92%/2) = 18.02, so a 1-point rise in yields cuts the price about 18.0%: £1802.06 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £31.25 is coupon (taxed as savings income) and £60.35 is the gain from £39.65 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 5.47% at 20%, 5.03% at 40% and 4.92% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 51 more half-yearly coupons of £1.88 per £100 (the first in 0.27 years at 4.25%) and £101.88 at maturity in 25.77 years at 6.00%: dirty price £73.22; less accrued coupon £0.86 (46% of the current half-year has run) = clean price £72.36.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £73.22 is 5.84%.

Duration: the money-weighted average time to the payments is 14.82 years; modified duration 14.82 ÷ (1 + 5.84%/2) = 14.40, so a 1-point rise in yields cuts the price about 14.4%: £1439.72 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £97.50 is coupon (taxed as savings income) and £27.64 is the gain from £72.36 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.89% at 20%, 3.95% at 40% and 3.71% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 53 more half-yearly coupons of £0.75 per £100 (the first in 0.29 years at 4.25%) and £100.75 at maturity in 26.79 years at 6.00%: dirty price £41.40; less accrued coupon £0.31 (41% of the current half-year has run) = clean price £41.09.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £41.40 is 5.91%.

Duration: the money-weighted average time to the payments is 18.60 years; modified duration 18.60 ÷ (1 + 5.91%/2) = 18.07, so a 1-point rise in yields cuts the price about 18.1%: £1807.00 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £40.50 is coupon (taxed as savings income) and £58.91 is the gain from £41.09 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 5.37% at 20%, 4.84% at 40% and 4.71% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 54 more half-yearly coupons of £1.88 per £100 (the first in 0.02 years at 4.25%) and £101.88 at maturity in 27.02 years at 5.99%: dirty price £73.62; less accrued coupon £1.80 (96% of the current half-year has run) = clean price £71.82.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £73.62 is 5.83%.

Duration: the money-weighted average time to the payments is 14.92 years; modified duration 14.92 ÷ (1 + 5.83%/2) = 14.49, so a 1-point rise in yields cuts the price about 14.5%: £1449.36 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £103.13 is coupon (taxed as savings income) and £28.18 is the gain from £71.82 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.86% at 20%, 3.90% at 40% and 3.67% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 55 more half-yearly coupons of £2.19 per £100 (the first in 0.29 years at 4.25%) and £102.19 at maturity in 27.79 years at 5.99%: dirty price £81.12; less accrued coupon £0.90 (41% of the current half-year has run) = clean price £80.21.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £81.12 is 5.82%.

Duration: the money-weighted average time to the payments is 14.79 years; modified duration 14.79 ÷ (1 + 5.82%/2) = 14.37, so a 1-point rise in yields cuts the price about 14.4%: £1437.19 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £122.50 is coupon (taxed as savings income) and £19.79 is the gain from £80.21 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.78% at 20%, 3.76% at 40% and 3.50% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 56 more half-yearly coupons of £0.81 per £100 (the first in 0.02 years at 4.25%) and £100.81 at maturity in 28.02 years at 5.98%: dirty price £42.60; less accrued coupon £0.78 (96% of the current half-year has run) = clean price £41.82.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £42.60 is 5.89%.

Duration: the money-weighted average time to the payments is 18.46 years; modified duration 18.46 ÷ (1 + 5.89%/2) = 17.93, so a 1-point rise in yields cuts the price about 17.9%: £1792.76 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £46.31 is coupon (taxed as savings income) and £58.18 is the gain from £41.82 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 5.30% at 20%, 4.72% at 40% and 4.58% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 58 more half-yearly coupons of £2.13 per £100 (the first in 0.15 years at 4.25%) and £102.13 at maturity in 29.15 years at 5.97%: dirty price £79.65; less accrued coupon £1.51 (71% of the current half-year has run) = clean price £78.15.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £79.65 is 5.81%.

Duration: the money-weighted average time to the payments is 15.04 years; modified duration 15.04 ÷ (1 + 5.81%/2) = 14.61, so a 1-point rise in yields cuts the price about 14.6%: £1461.33 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £125.38 is coupon (taxed as savings income) and £21.85 is the gain from £78.15 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.78% at 20%, 3.76% at 40% and 3.50% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 58 more half-yearly coupons of £2.69 per £100 (the first in 0.30 years at 4.25%) and £102.69 at maturity in 29.30 years at 5.96%: dirty price £95.15; less accrued coupon £1.10 (41% of the current half-year has run) = clean price £94.06.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £95.15 is 5.80%.

Duration: the money-weighted average time to the payments is 14.47 years; modified duration 14.47 ÷ (1 + 5.80%/2) = 14.06, so a 1-point rise in yields cuts the price about 14.1%: £1406.41 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £158.56 is coupon (taxed as savings income) and £5.94 is the gain from £94.06 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.66% at 20%, 3.53% at 40% and 3.25% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 61 more half-yearly coupons of £0.88 per £100 (the first in 0.27 years at 4.25%) and £100.88 at maturity in 30.77 years at 5.93%: dirty price £42.19; less accrued coupon £0.40 (46% of the current half-year has run) = clean price £41.78.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £42.19 is 5.85%.

Duration: the money-weighted average time to the payments is 19.02 years; modified duration 19.02 ÷ (1 + 5.85%/2) = 18.48, so a 1-point rise in yields cuts the price about 18.5%: £1848.04 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £54.25 is coupon (taxed as savings income) and £58.22 is the gain from £41.78 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 5.21% at 20%, 4.59% at 40% and 4.44% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 66 more half-yearly coupons of £2.00 per £100 (the first in 0.27 years at 4.25%) and £102.00 at maturity in 33.27 years at 5.87%: dirty price £74.75; less accrued coupon £0.91 (46% of the current half-year has run) = clean price £73.84.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £74.75 is 5.78%.

Duration: the money-weighted average time to the payments is 16.07 years; modified duration 16.07 ÷ (1 + 5.78%/2) = 15.62, so a 1-point rise in yields cuts the price about 15.6%: £1561.93 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £134.00 is coupon (taxed as savings income) and £26.16 is the gain from £73.84 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.76% at 20%, 3.77% at 40% and 3.52% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 70 more half-yearly coupons of £0.25 per £100 (the first in 0.02 years at 4.25%) and £100.25 at maturity in 35.02 years at 5.80%: dirty price £21.25; less accrued coupon £0.24 (96% of the current half-year has run) = clean price £21.01.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £21.25 is 5.79%.

Duration: the money-weighted average time to the payments is 26.64 years; modified duration 26.64 ÷ (1 + 5.79%/2) = 25.89, so a 1-point rise in yields cuts the price about 25.9%: £2588.80 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £17.75 is coupon (taxed as savings income) and £78.99 is the gain from £21.01 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 5.51% at 20%, 5.24% at 40% and 5.18% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 74 more half-yearly coupons of £2.00 per £100 (the first in 0.02 years at 4.25%) and £102.00 at maturity in 37.02 years at 5.72%: dirty price £75.53; less accrued coupon £1.92 (96% of the current half-year has run) = clean price £73.61.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £75.53 is 5.72%.

Duration: the money-weighted average time to the payments is 16.40 years; modified duration 16.40 ÷ (1 + 5.72%/2) = 15.94, so a 1-point rise in yields cuts the price about 15.9%: £1594.02 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £150.00 is coupon (taxed as savings income) and £26.39 is the gain from £73.61 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.69% at 20%, 3.67% at 40% and 3.42% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 77 more half-yearly coupons of £1.25 per £100 (the first in 0.27 years at 4.25%) and £101.25 at maturity in 38.77 years at 5.64%: dirty price £50.93; less accrued coupon £0.58 (46% of the current half-year has run) = clean price £50.36.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £50.93 is 5.68%.

Duration: the money-weighted average time to the payments is 18.70 years; modified duration 18.70 ÷ (1 + 5.68%/2) = 18.18, so a 1-point rise in yields cuts the price about 18.2%: £1818.48 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £97.50 is coupon (taxed as savings income) and £49.64 is the gain from £50.36 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.84% at 20%, 4.03% at 40% and 3.83% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 83 more half-yearly coupons of £1.75 per £100 (the first in 0.27 years at 4.25%) and £101.75 at maturity in 41.77 years at 5.58%: dirty price £66.28; less accrued coupon £0.81 (46% of the current half-year has run) = clean price £65.47.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £66.28 is 5.67%.

Duration: the money-weighted average time to the payments is 17.61 years; modified duration 17.61 ÷ (1 + 5.67%/2) = 17.13, so a 1-point rise in yields cuts the price about 17.1%: £1712.81 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £147.00 is coupon (taxed as savings income) and £34.53 is the gain from £65.47 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.68% at 20%, 3.72% at 40% and 3.48% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 90 more half-yearly coupons of £0.81 per £100 (the first in 0.02 years at 4.25%) and £100.81 at maturity in 45.02 years at 5.58%: dirty price £35.40; less accrued coupon £0.78 (96% of the current half-year has run) = clean price £34.62.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £35.40 is 5.64%.

Duration: the money-weighted average time to the payments is 21.01 years; modified duration 21.01 ÷ (1 + 5.64%/2) = 20.44, so a 1-point rise in yields cuts the price about 20.4%: £2043.79 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £73.94 is coupon (taxed as savings income) and £65.38 is the gain from £34.62 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 4.91% at 20%, 4.21% at 40% and 4.04% at 45%; the personal savings allowance is not applied.

Price: each payment discounted at the Bank of England spot rate for its own date — 94 more half-yearly coupons of £0.56 per £100 (the first in 0.02 years at 4.25%) and £100.56 at maturity in 47.02 years at 5.58%: dirty price £26.39; less accrued coupon £0.54 (96% of the current half-year has run) = clean price £25.85.

Yield: the single rate (semi-annual, the gilt market's convention) that discounts the same payments to £26.39 is 5.63%.

Duration: the money-weighted average time to the payments is 23.27 years; modified duration 23.27 ÷ (1 + 5.63%/2) = 22.64, so a 1-point rise in yields cuts the price about 22.6%: £2263.74 on £10,000 (first-order; convexity softens a large move).

After tax: of the return to maturity per £100, £53.44 is coupon (taxed as savings income) and £74.15 is the gain from £25.85 to £100 (exempt from capital gains tax). Taxing only the coupons, the net redemption yield is 5.01% at 20%, 4.43% at 40% and 4.28% at 45%; the personal savings allowance is not applied.