1¼% Treasury Gilt 2051
Bond pricer · ISIN GB00BLH38158 · report 30 Oct 2026
How to read this gilt
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Clean price is what the gilt costs before the interest already earned; dirty price adds that accrued interest and is the figure you actually pay. Accrued runs from the last coupon on an actual/actual day count, so it resets on the coupon date.
Gross redemption yield is the yield to maturity on the DMO's semi-annual convention — the number every gilt table quotes. Net figures deduct income tax at each band from the coupons and leave the capital gain alone, because gilts are CGT-exempt; the tax-equivalent column is what a taxable deposit would need to match.
An index-linked gilt's real figures come from the DMO's index ratio, and its nominal figures are that ratio applied to the real ones — so they move with published inflation rather than a forecast.
Prices
Settlement
Key metrics
Report vs live
live| Figure | Report 30 Oct 2026 | Live 02 Nov 2026, 12:30 GMT |
|---|---|---|
| Mid price (clean) | £41.03 | £41.24 |
| Accrued interest | £0.319 | £0.323 |
| Days accrued | 94 | 95 |
| Dirty price | £41.35 | £41.56 |
| Gross yield | 5.83% | 5.80% |
| DMO gross yield (semi-annual) | 5.74% | 5.72% |
| Modified duration | 18.12 | 18.14 |
| Settlement | 2026-11-02 | 2026-11-03 |
Prices: Hargreaves Lansdown (delayed/indicative) — the live column is a complete valuation from that capture, on the capture's own settlement; the report column is the published close.
Bond details
Net redemption yield by tax band
| Income tax band | Net redemption yield (annually compounded) | Tax-equivalent yield (annually compounded) |
|---|---|---|
| 0% | 5.83% | 5.83% |
| 20% | 5.38% | 6.72% |
| 22% | 5.34% | 6.84% |
| 40% | 4.94% | 8.23% |
| 42% | 4.90% | 8.44% |
| 45% | 4.83% | 8.78% |
| 47% | 4.79% | 9.03% |
| 48% | 4.77% | 9.17% |