GENERAL21 Sept 2026
London Bankers Stock Up on Gilts to Juice Personal Portfolios | Stock Market News
London bankers are buying UK government bonds, called gilts, for their own accounts after a selloff. The January 2028 gilt is the favourite. It pays a tiny 0.125% coupon, so most of the return comes as tax-free capital gains. Retail buying jumped about 50% in two weeks. This is a UK story, so check your own portfolio only if you hold foreign bonds.
Key Statutory Highlights
- Bankers in London are buying UK government bonds, known as gilts, in their own accounts after a selloff, and the January 2028 gilt was the most bought.
- The January 2028 gilt pays a low 0.125% coupon, so much of the return comes free from capital gains, which are exempt from UK capital gains tax.
- Buying of gilts overall has jumped around 50% in the last two weeks at Hargreaves Lansdown, the UK's largest retail investment platform.
Actionable Advice for Taxpayers / Founders:If you hold UK gilts or other foreign bonds, take a quiet look at each one's coupon, maturity and tax treatment before adding more money, and confirm with a tax adviser how that income and gain would be treated in India. Bond prices can fall, so this is not a guaranteed return.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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