Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong.

What is a Gilt?

Gilts are a type of government bond. When you buy a gilt, you are effectively lending money to the UK government in exchange for periodic interest payments (called coupons) and the return of your initial investment (the principal) when the bond matures.

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Why invest in Gilts with WiseAlpha?

Invest in a broad range of Gilts, with 0% Service Fees^*.

* 0% service fee on Gilts from 9th May 2025; 0.25% sales fee applies

Zero percent Service Fees

Open an account for free with no hidden charges

Trading on the Secondary Market

Buy and sell gilts before maturity on the secondary market, offering flexibility and potential capital gains

Direct access

Trade instantly on the Wisealpha market, or contact our trading desk for bespoke orders. Phone: 020 3927 2790 Email: investing@wiselpha.com

Predictable income

Gilts pay regular interest (known as coupons), giving investors visibility over their future income.

Zero capital gains tax

UK investors pay no capital gains tax on gilts. However, the coupon (interest) income is subject to income tax. Investing in gilts with low coupons, but which trade at discounts to par can be particularly efficient for higher rate tax payers^*.

* Tax rules, and the relative tax rates will depend on individual circumstances. Gilts held within ISAs or SIPPs are free from both capital gains and income tax.

Different maturities of UK Gilts

From short-term bonds to long-dated securities, gilts offer a range of maturities to match your investment horizon

Learn more about Gilts

What is a Gilt?

Gilts are bonds issued by the UK government through HM Treasury. When you buy a gilt, you’re effectively lending money to the government. In return, you receive regular interest payments (coupons), and the promise of the return of your capital at maturity.

What are Gilts?