Posts Tagged the first fund raising that could be considered a gilt issue was in 1694


A Brief History Of British Gilt Edged Securities

The history of British gilt edged securities can be traced back to the need for governments to raise capital. In essence, these gilts are bonds that are issued by a government to fund the shortfall between its tax revenues and its expenditure.   The term “gilt edged securities” is actually a British phrase that was […]

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