Unlocking Treasury 2061: The Hidden Fortune That Could Rewrite Financial History—Are You Ready to Discover the Truth?
And for the past couple of weeks I’ve been entranced by a low-coupon gilt maturing in 2061.
This bond is known to wonks as ‘UKT 0.5 2061’ – or just ‘TG61’ – on account of it being:
- a UK government bond/gilt (‘UKT’)
- with a 0.5% coupon
- that matures in 2061
Now, those numbers may not seem exciting to you.
But for the past couple of years they’ve made TG61 the most popular bond since Sean Connery.
Bond jargon explainer: if you’re confused (or you’re about to be confused) by the terms in this article, please refer to our bond lingo lexicon. I won’t make this post even longer by explaining what duration is for the umpteenth time. Our guide makes everything clear.
The appeal of TG61 isn’t completely new to me. I even owned some for a short while last year.
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