0½% Treasury Gilt 2029

Bond pricer · ISIN GB00BLPK7227 · report 30 Oct 2026

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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

Bid price (clean)
£91.12
Offer price (clean)
£91.18
Mid price (clean)
£91.15
Bid price (dirty)
£91.25
Offer price (dirty)
£91.31
Mid price (dirty)
£91.28

Settlement

Settlement date
2026-11-02
Days accrued
94
Accrued interest
£0.128

Key metrics

Gross yield (annual-compounded)
4.76%
DMO gross yield (semi-annual)
4.70%
Net yield at 40% tax (annual-compounded)
4.54%
Running yield
0.55%
Modified duration
2.18
Macaulay duration
2.28
Benchmark yield (continuously compounded annual)
4.71%
Vs fitted curve
−6 bp
Reference yield (convention not recorded)
—
Tenor band
2-5Y

Report vs live

live
Figure Report 30 Oct 2026 Live 02 Nov 2026, 12:20 GMT
Mid price (clean) £91.15 £91.19
Accrued interest £0.128 £0.129
Days accrued 94 95
Dirty price £91.28 £91.32
Gross yield 4.76% 4.74%
DMO gross yield (semi-annual) 4.70% 4.69%
Modified duration 2.18 2.18
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

Ticker
TG29
ISIN
GB00BLPK7227
Coupon
0.500%
Type
Conventional
Matures
31 Jan 2029
First issued
2021-09-02
Next ex-dividend
2027-01-21
Next coupon
2027-01-31
Previous coupon
2026-07-31
Category
Ultra-Short
Amount in issue (£m)
33597

Net redemption yield by tax band

Income tax band Net redemption yield (annually compounded) Tax-equivalent yield (annually compounded)
0% 4.76% 4.76%
20% 4.65% 5.81%
22% 4.64% 5.94%
40% 4.54% 7.56%
42% 4.53% 7.81%
45% 4.51% 8.20%
47% 4.50% 8.49%
48% 4.50% 8.65%