UK Treasury Bonds (Gilts) and Bills
Information as per 31 March 2024 annual report
| Investment | Investment type | Carrying value | Income return * | Property type / underlying security |
|---|---|---|---|---|
Gilts |
UK Treasury Bonds |
£19.5m |
4.7%-4.9% |
Liquid Government security |
Total |
|
£19.5m |
4.8% |
|
* Yield on equity based on 12 months to 31 March 2024
These government backed short term investments offer the Company enhanced returns over cash balances.
As at 31 March 2024, the Company had invested a total of £19.5 million in three short dated UK Treasury Bonds (Gilts) (annualised yield to maturity ranging from 4.7% to 4.9% with maturities in September 2024, March 2025 and October 2025). These government backed short term investments offer the Company enhanced returns over cash balances.
Post year end, the Company invested £6.5 million in a short dated UK Treasury Bill with an annualised yield to maturity of 5.2% with maturity in October 2024 and £10.0 million in Gilts with maturity 30 January 2026 and an annualised yield to maturity of 4.3%.
