Dear All,
I'm wondering if someone can give me some advice/insight. I've begun moving investments into Gilts and so far have been using Barclays as an intermediary to purchase the UK Gov debt.
However - I'm wondering what would happen to my bonds if we ever saw another '08 style event and Barcs went under, as google is showing mixed opinions. I fear my assets being tied up with Barcs if they folded, making the reason for buying the bonds kind of mute.
I've looked at buying direct from the DMO but it's quite a long process and they charge comms of £35 and you can't place limits, but rather get BBO. Any PMs that have any advice for me?
Many thanks in advance.
What is a GILT?
UK Gov Bond
https://www.dmo.gov.uk/responsibilities/gilt-market/about-gilts/
BUMP
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