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Government backed securities, eihther next government came in the country also restricted to own the same.
Guilt edge securities are bond issued by certain national government. In normal parlance, it means that high grade security with low yield.
Gilt Edged Securities are high grade bonds or stocks with very low risk issued by a blue chip company or a government. Blue Chip companies issue them as they dependably meet dividend or interest payments as they are well established and financially stable.
The securities issued by any central govt of a country. Normally the risk depends on the credit rating of the same country. We treat USA guilt edge security is the risk free security. The return on this security is treated as the as the risk free return or the minimum return on any investment or the base rate for any return calculation