Precipice bonds are high-yield debt instruments that carry a significant risk of default. Often issued by companies with weak financial…
Permanent interest-bearing shares (PIBS) are a type of perpetual security that pays a fixed or floating interest rate indefinitely. They…
A guaranteed annuity rate secures a future interest rate for your annuity, protecting it from market fluctuations. This ensures a…
Gilts are debt securities issued by the UK government to raise capital. They function like loans, with investors lending money…