UK Treasury Bonds (Gilts) and Bills
Information as per 30 September 2024 half-year report
| Investment | Investment type | Carrying value | Income return * | Property type / underlying security |
|---|---|---|---|---|
Gilts |
UK Treasury Bonds |
£23.7m |
4.3%-4.9% |
Liquid Government security |
Gilts |
UK Treasury Bills |
£9.6m |
4.8%-5.2% |
Liquid Government security |
Total |
|
£33.3m |
4.7% ** |
|
* Range of annualised yield to maturity
** Weighted average
These government backed short term investments offer the Company enhanced returns over cash balances.
During the period, ART invested £9.5 million in UK Treasury Bills, earning a yield to maturity ranging from 4.8% to 5.2%, and £10.0 million in Gilts, earning a yield to maturity of 4.3%, and ART received £6.1 million at maturity of a Gilt investment, which earned a yield to maturity of 4.8%.
Post period end, on 15 October 2024, ART made two further investments in Gilts of £10 million each and, on 21 October 2024, ART received £6.7 million at maturity of a UK Treasury Bill investment.
