What are the timescales involved with GILTS?
The descriptions for timescales when investing into Gilts are as follows:
Short - Gilts with seven years or less to redemption.
Medium - Gilts with between seven and fifteen years until redemption.
Long - Gilts with over fifteen years to redemption.
Undated - No fixed repayment date. (At the discretion of the Government).
Note: The London Stock Exchange and Financial Times classifies shorts as those with up to five years to run and mediums as those with between five and fifteen years to run.