Purpose – The aim of this paper is to consider the appropriate benchmark risk free rate sui for pricing of property investments in the UK and, in doing so, investigate the financial characteristics and performance of the UK gilt yields. European investors have been significant players in the...

Purpose – Between 1996 and 1998, the Bank of England (BoE) undertook structural reforms of the UK gilt market designed to improve market liquidity and accessibility. The purpose of this paper is to ascertain, through the use of a market survey, whether the broad aims of the reforms were...

Purpose – Between 1996 and 1998, the Bank of England (BoE) undertook structural reforms of the UK gilt market designed to improve market liquidity and accessibility. The purpose of this paper is to ascertain, through the use of a market survey, whether the broad aims of the reforms were...

Purpose – Aims to examine and evaluate the financial and regulatory reforms in the gilt-edged market. Design/methodology/approach – Reviews recent financial and regulatory reforms in the gilt-edged market. Findings – Finds that, overall, the gilts market has maintained its safe haven...

Purpose – Aims to examine and evaluate the financial and regulatory reforms in the gilt‐edged market. Design/methodology/approach – Reviews recent financial and regulatory reforms in the gilt‐edged market. Findings – Finds that, overall, the gilts market has maintained its safe haven...