0 7/8% Green Gilt 2033

Bond pricer · ISIN GB00BM8Z2S21 · 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)
£76.23
Offer price (clean)
£76.38
Mid price (clean)
£76.31
Bid price (dirty)
£76.46
Offer price (dirty)
£76.61
Mid price (dirty)
£76.53

Settlement

Settlement date
2026-11-02
Days accrued
94
Accrued interest
£0.224

Key metrics

Gross yield (annual-compounded)
5.13%
DMO gross yield (semi-annual)
5.07%
Net yield at 40% tax (annual-compounded)
4.71%
Running yield
1.15%
Modified duration
6.35
Macaulay duration
6.68
Benchmark yield (continuously compounded annual)
5.02%
Vs fitted curve
−2 bp
Reference yield (convention not recorded)
—
Tenor band
5-10Y

Report vs live

live
Figure Report 30 Oct 2026 Live 02 Nov 2026, 12:20 GMT
Mid price (clean) £76.31 £76.48
Accrued interest £0.224 £0.226
Days accrued 94 95
Dirty price £76.53 £76.71
Gross yield 5.13% 5.10%
DMO gross yield (semi-annual) 5.07% 5.03%
Modified duration 6.35 6.35
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
TG33
ISIN
GB00BM8Z2S21
Coupon
0.875%
Type
Conventional
Matures
31 Jul 2033
First issued
2021-09-22
Next ex-dividend
2027-01-21
Next coupon
2027-01-31
Previous coupon
2026-07-31
Category
Short
Amount in issue (£m)
39783

Net redemption yield by tax band

Income tax band Net redemption yield (annually compounded) Tax-equivalent yield (annually compounded)
0% 5.13% 5.13%
20% 4.92% 6.15%
22% 4.90% 6.28%
40% 4.71% 7.86%
42% 4.69% 8.09%
45% 4.66% 8.48%
47% 4.64% 8.76%
48% 4.63% 8.90%