TG48

0 1/8% Index-linked Treasury Gilt 2048 · GB00BZ13DV40
Real yield
2.58%
Impl. RPI growth
3.27%
Index ratio
1.51456
base RPI 274.79
Clean price
£59.185
Dirty price
£89.646
Accrued interest
£0.005
14 days
Market data as of 21 Aug 2026 · all figures assume a T+1 settlement.

Implied RPI growth against the curve

21 Aug 2026
Implied RPI growth is the spread between the nominal par curve and the real curve at the same maturity — the breakeven rate at which the two would pay the same.

Bond details

Ticker
TG48
ISIN
GB00BZ13DV40
Coupon
0.125
Issued
08 Nov 2017
Matures
10 Aug 2048
21.97 years
Next coupon
10 Feb 2027
Macaulay duration
21.30
Modified duration
21.03
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