A gilt, the interest and capital of which change in line with the retail price index.
These differ from conventional Gilts because the interest payments and the capital are adjusted in line with the Retail Prices Index. This means that both the interest and the principal on redemption paid by these Gilts are adjusted to take into account any accrued inflation since the Gilt's issue.
A gilt, the interest and capital of which change in line with the Retail Price Index.