0 5/8% Treasury Gilt 2035

Bond pricer · ISIN GB00BMGR2916 · 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)
£68.20
Offer price (clean)
£68.37
Mid price (clean)
£68.29
Bid price (dirty)
£68.36
Offer price (dirty)
£68.53
Mid price (dirty)
£68.45

Settlement

Settlement date
2026-11-02
Days accrued
94
Accrued interest
£0.160

Key metrics

Gross yield (annual-compounded)
5.25%
DMO gross yield (semi-annual)
5.18%
Net yield at 40% tax (annual-compounded)
4.93%
Running yield
0.92%
Modified duration
8.23
Macaulay duration
8.66
Benchmark yield (continuously compounded annual)
5.18%
Vs fitted curve
−6 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) £68.29 £68.46
Accrued interest £0.160 £0.161
Days accrued 94 95
Dirty price £68.45 £68.62
Gross yield 5.25% 5.22%
DMO gross yield (semi-annual) 5.18% 5.15%
Modified duration 8.23 8.23
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
TG35
ISIN
GB00BMGR2916
Coupon
0.625%
Type
Conventional
Matures
31 Jul 2035
First issued
2020-09-09
Next ex-dividend
2027-01-21
Next coupon
2027-01-31
Previous coupon
2026-07-31
Category
Medium
Amount in issue (£m)
35634

Net redemption yield by tax band

Income tax band Net redemption yield (annually compounded) Tax-equivalent yield (annually compounded)
0% 5.25% 5.25%
20% 5.09% 6.36%
22% 5.07% 6.51%
40% 4.93% 8.22%
42% 4.92% 8.48%
45% 4.89% 8.89%
47% 4.88% 9.20%
48% 4.87% 9.36%