Unlocking Treasury 2061: The Hidden Fortune That Could Rewrite Financial History—Are You Ready to Discover the Truth?
Remember my table at the start of this piece? We saw similar long-dated gilts offered yields of almost 5.4%.
The 5% on TG61 looks a very poor deal by comparison.
However you must calculate the after-tax yield – especially for higher or additional-rate tax payers – to truly grok the appeal of the Treasury 2061 gilt.
You can easily get this data from a service called YieldGimp:
Source: YieldGimp
Again, lots of numbers. But the columns to note are the ‘net redemption yield’ for a 40% taxpayer and the ‘equivalent grossed up yield’.
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