The term "gilt-edged" traditionally referred to the gold-leaf edges of physical certificates for these bonds, symbolising their high quality and safety. They are essentially government securities or government bonds.
What are gilt-edged securities ?
Asked in OPSC CS Prelims 2018 · Topic: Fiscal Policy & Revenue (Public Debt: Sources, types, debt sustainability, and management)
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Answer: B. Securities issued by the Government
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