4¾% Treasury Gilt 2043

Bond pricer · ISIN GB00BPJJKP77 · 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)
£90.10
Offer price (clean)
£90.50
Mid price (clean)
£90.30
Bid price (dirty)
£90.27
Offer price (dirty)
£90.67
Mid price (dirty)
£90.47

Settlement

Settlement date
2026-11-02
Days accrued
11
Accrued interest
£0.144

Key metrics

Gross yield (annual-compounded)
5.73%
DMO gross yield (semi-annual)
5.65%
Net yield at 40% tax (annual-compounded)
3.65%
Running yield
5.26%
Modified duration
11.20
Macaulay duration
11.84
Benchmark yield (continuously compounded annual)
5.68%
Vs fitted curve
−12 bp
Reference yield (convention not recorded)
—
Tenor band
10-20Y

Report vs live

live
Figure Report 30 Oct 2026 Live 02 Nov 2026, 12:20 GMT
Mid price (clean) £90.30 £90.59
Accrued interest £0.144 £0.157
Days accrued 11 12
Dirty price £90.44 £90.75
Gross yield 5.73% 5.70%
DMO gross yield (semi-annual) 5.65% 5.62%
Modified duration 11.20 11.21
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
TR43
ISIN
GB00BPJJKP77
Coupon
4.750%
Type
Conventional
Matures
22 Oct 2043
First issued
2023-11-16
Next ex-dividend
2027-04-13
Next coupon
2027-04-22
Previous coupon
2026-10-22
Category
Long
Amount in issue (£m)
34875

Net redemption yield by tax band

Income tax band Net redemption yield (annually compounded) Tax-equivalent yield (annually compounded)
0% 5.73% 5.73%
20% 4.69% 5.86%
22% 4.58% 5.87%
40% 3.65% 6.09%
42% 3.55% 6.12%
45% 3.40% 6.17%
47% 3.29% 6.21%
48% 3.24% 6.23%