The coupon calendar lists every coupon and redemption falling due in a rolling window across the whole gilt market, grouped by month and sized for a nominal holding, so a reader can see what income lands and when.
What the coupon calendar does
The coupon calendar answers a question that is awkward to answer one gilt at a time: what income falls due over a stretch of months, across every gilt at once. It lists each coupon and each redemption falling inside a rolling window, grouped by calendar month and then by payment date, with an amount column sized for a nominal holding. Every date is measured forward from the report date the page is built from, so the calendar is a schedule of what is due, not a log of what has been paid. It is the market-wide companion to a single gilt's own page, where that one gilt's next coupon is shown.
A coupon is the fixed interest a gilt pays twice a year; a redemption is the £100 per £100 nominal returned when a gilt matures. The calendar shows both, and it keeps them as separate rows, which matters for the amount column and for any after-tax figure. The guide walks from the window controls to reading a single row, then to a worked window.
Choosing a window
The window sets how far forward the calendar looks, counted in days from the report date. Four choices are offered: 30, 90, 180 days and 12 months, and the page opens on 90 days. A short window is for a reader who wants the immediate payments; a long one is for mapping a year of income. The window is carried in the address, so a view can be linked or returned to rather than rebuilt each time. A window that happens to contain no coupon shows an explicit empty state and offers the next longer window, so a quiet stretch does not read as a fault.
Reading the rows
Rows are grouped by month and, inside a month, by payment date. A gilt that both pays a final coupon and redeems on the same day appears twice: once as a coupon row and once as a redemption row. That split is deliberate, because the coupon is income and the redemption is returned capital, and keeping them apart is what lets an after-tax figure tax the coupon and leave the principal alone. Within a date group, redemptions sort to the front, then gilts by maturity, so the event with the largest consequence for a holding is the first thing on the date.
- Coupons and redemptions are separate rows, even on the same date.
- Rows are grouped by month, then by payment date inside the month.
- Redemptions sort first within a date group.
- A strip above the table names the next payment and links each month to its anchor.
The amount column
The amount column is sized for a nominal holding, which defaults to £100 — the market's own quoting basis. Set it to a holding and every row scales to that nominal. For a conventional gilt the amount is the coupon on that nominal, split across the payment dates; for an index-linked gilt the amount is an income estimate, taking the real coupon, applying the published index ratio and assuming no further inflation before the payment. The estimate is marked as such, because an index-linked gilt's pounds are not fixed in advance the way a conventional gilt's are.
Working through a window
The table is an illustration of a short window for a £2,000 nominal holding, showing both event types. The gilts and amounts are illustrative, not quotes from any gilt in issue; the point is how the rows and the amount column read together.
| Payment date | Gilt | Event | Amount for £2,000 nominal |
| 9 January | 3.00 per cent, maturing 2028 | Coupon | £30.00 |
| 17 February | 0.50 per cent, maturing 2030 | Redemption | £2,000.00 |
| 17 February | 0.50 per cent, maturing 2030 | Coupon | £5.00 |
| 1 March | 4.00 per cent, maturing 2029 | Coupon | £40.00 |
The January coupon is the 3.00 per cent gilt's £1.50 per £100, doubled for £2,000 nominal, giving £30. In February the 0.50 per cent gilt both redeems and pays its final coupon: £2,000 of principal comes back and £5.00 of coupon arrives beside it. The March coupon is the 4.00 per cent gilt's £2.00 per £100, doubled to £40. The strip would name 9 January as the next payment and link each of the three months.
From the calendar to a single gilt
The calendar reuses the same per-gilt schedule rendered on a gilt's own page, opened from the conventional gilts list, so a date seen across the market can be followed into a single gilt and read there in full — every future coupon and the final repayment for £100 nominal. That is the route from the market-wide view to the detail: see when a payment lands on the calendar, then open the gilt to see the schedule behind it.
Background, not advice
This guide explains how to use the coupon calendar to see when coupons and redemptions fall due and how an amount scales to a holding. It is general background on how the site presents a schedule, not investment, tax or legal advice for any reader's circumstances, and it is not a substitute for professional advice. The figures above are illustrative and state their inputs; the primary source for a real gilt's payment dates and cash flows is the gilt's own record and the Debt Management Office.