gilts

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gilts

Government securities on which interest payments will be met and will be repaid at par on the due date.
References in classic literature ?
And so it was, as the time passed, that on occasion his red motor-car carried, in addition to the daily cash, the most gilt-edged securities he possessed; namely, the Ferry Company, United Water and Consolidated Railways.
The alleged scam raked in around PS1m of Treasury 5% 2004 gilt-edged securities on donations to the Vauxhall Adult Education Trust.
The need to borrow money on a scale that could all but double the issuance of gilt-edged securities in the next four or five years.
What you are doing is delaying paying for something--it's like public borrowing of other kinds, where the state issues gilt-edged securities but repays them out of future taxation.
It is initially offering Au50bn ($100bn) of gilt-edged securities, but the size of the scheme will depend on how much banks need to get lending going again.