I work in a call center for a software company. Our manager is a real jerk. He often yells at my coworkers and me, telling us to work faster or stop making mistakes in our tracking paperwork. If one of us gets up to go to the bathroom or take a break, he shouts that the company isn't paying us to goof off.
Spread. a) the difference between the price a market maker will buy and sell a gilt (bid/offer spread); and b) the difference in yield between two bonds, (e.g. the 10s/30s spread will refer to the difference between the yield on a 10-year bond and a 30-year bond).onventional gilts: open to all Gilt-edged Market Makers (GEMMs) who alone are allowed to make competitive bids by the Bloomberg bond auction system. Successful competitive bidders in conventional gilt auctions are allotted gilts on a bid-price basis, paying the price they bid.
The gilt market is comprised of two different types of securities-conventional gilts and index-linked gilts. An explanation of the different types of gilt appears below. Data are available showing how the breakdown of the gilt market by type of gilt has changed over time.istorically, undated gilts used to comprise the majority of the UK debt stock prior to the Second World War. No undated gilts have been issued by the government since 1946. Details of the undated gilts in issue at the start of the redemption process are shown in the table below-listed in order of redemption date.