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.
DEFINITION of 'Gilt-Edged Securities '. High-grade bonds that are issued by a government or firm. This type of security originally boasted gilded edges, thus the name.In the case of a firm, a gilt-edged security is a stock or bond issued by a company that has a strong record of consistent earnings and can be relied on to cover dividends and interest.REAKING DOWN 'Gilt-Edged Securities '. Gilt-edged securities are a high-grade investment with very low risk. Typically, these are issued by blue chip companies that dependably meet dividend or interest payments because they are well-established and financially stable.