UK Gilt Yields
UK government bond yields and market interest rates
Gilts are UK government bonds - IOUs issued by the Treasury to fund government spending. The yield is the return investors receive, expressed as an annual percentage.
The 10-year gilt yield is a key benchmark for long-term interest rates. It influences mortgage rates, pension valuations, and is watched closely by markets as an indicator of confidence in UK fiscal policy.
10-Year Gilt Yield
Monthly average nominal par yield on 10-year UK government bonds (gilts).
Related Interest Rates
Bank of England policy rate for comparison with gilt yields.
Interest rate on 1-year fixed rate bond deposits.
Source: Bank of England Interactive Database (IADB).
Series IDs:
- IUMAMNPY - 10-year nominal par yield (monthly average)
- IUMWTFA - 1-year fixed rate bond deposits
Gilt yields are market-determined and fluctuate based on inflation expectations, fiscal policy, and global bond market conditions. The 10-year yield is particularly important as a benchmark for long-term borrowing costs.