Comment by cjs_ac

8 hours ago

There’s also a lot of bureaucracy involved in participating in the gilt market directly, rather than using an intermediary.

https://www.dmo.gov.uk/investor-information/retail-investors...

I don’t think the Treasury really wants to deal with amateurs.

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cjs_ac

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pjc50  7 hours ago

No, but you can hold them through the standard range of intermediaries and still get the tax advantage.

NS&I offer a range of retail products - https://www.nsandi.com/guaranteed-returns is a good option but does NOT come with the tax exemption.

  • monkeydust  7 hours ago

    the tax exemptions make it very attractive place to hold cash versus bank accounts - if your a UK citizen google (or AI) - low coupon gilt investing.

    • pjc50  7 hours ago

      Eh, for most people it's simpler to just use a cash ISA which can provide almost the same rates. Most people don't want or need to carry a huge cash float as opposed to other kinds of investment.

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