Income per £100: turning a coupon into pounds
Income per £100 is the annual coupon a gilt pays on £100 of face value, and scaling it by the nominal a reader holds turns a rate into the actual cash the coupon delivers.
Articles tagged income-and-ladders
Guides to gilts and to using GiltIQ, written against the site's own data and pages.
Articles
Redemption-funded ladders and what to do with each repayment
Each rung of a GiltIQ ladder is sized so its redemption principal funds that year's income draw while its coupon arrives as extra income, which is why the reinvestment of each maturity — not the coupon — is what keeps the ladder running.
Ladder length, the inflation assumption, and the years no gilt fills
A ladder's length sets how many years it covers and how many rungs it wants, while the inflation assumption uplifts each year's target income — and because the gilt universe has gaps, some years resolve to no conventional gilt and the rung stays empty.
Income target versus lump sum: the ladder's two modes
The ladder designer is one calculator in two modes — income target solves the lump sum a target income needs, while lump sum solves the income a stated lump sum affords — so each mode is the other's question run backwards.
Help
Reading the income calendar
The income calendar groups every coupon and redemption falling due in a chosen window by month, totals the amounts for a nominal holding, and shows them gross or after a selected tax band.
Pages
Coupon payment dates and how often a gilt pays
A conventional gilt pays its fixed coupon in two half-yearly instalments on dates set when it is issued, and GiltIQ shows the next date and the amount per £100 nominal for every gilt in issue.
Guides
Building a bond ladder with gilts
Spread your gilts' maturities across the years so one rung matures each year, and reinvest every repayment to keep the income rolling — a simple, honest look at how ladders work and what they can and cannot do.