Guidance
Gilt-edged securities exempt from Capital Gains Tax
Check a list of gilt-edged stocks and bonds charged on the National Loans Fund.
This list shows the titles of gilt-edged securities which have a redemption date on or after 1 January 1992, disposals of which are exempt from tax on chargeable gains under section 115 of the Taxation of Chargeable Gains Act 1992.
HMRC updates this list each time a Treasury Order specifies further exempt gilts.
Stocks and bonds charged on the National Loans Fund
| Percentage | Title | |
|---|---|---|
| 2½% | Annuities 1905 or after | |
| 2¾% | Annuities 1905 or after | |
| 2½% | Consolidated Stock 1923 or after | |
| 3½% | War Loan 1952 or after | |
| 4% | Consolidated Loan 1957 or after | |
| 3½% | Conversion Loan 1961 or after | |
| 3% | Treasury Stock 1966 or after | |
| 2½% | Treasury Stock 1975 or after | |
| 12¾% | Treasury Loan 1992 | |
| 8% | Treasury Loan 1992 | |
| 10% | Treasury Stock 1992 | |
| 3% | Treasury Stock 1992 | |
| 12¼% | Exchequer Stock 1992 | |
| 13½% | Exchequer Stock 1992 | |
| 10½% | Treasury Convertible Stock 1992 | |
| 2% | Index-Linked Treasury Stock 1992 | |
| 12½% | Treasury Loan 1993 | |
| 6% | Funding Loan 1993 | |
| 13¾% | Treasury Loan 1993 | |
| 10% | Treasury Loan 1993 | |
| 8¼% | Treasury Stock 1993 | |
| 14½% | Treasury Loan 1994 | |
| 12½% | Exchequer Stock 1994 | |
| 9% | Treasury Loan 1994 | |
| 10% | Treasury Loan 1994 | |
| 13½% | Exchequer Stock 1994 | |
| 8½% | Treasury Stock 1994 | |
| 8½% | Treasury Stock 1994 ‘A’ | |
| 2% | Index-Linked Treasury Stock 1994 | |
| 3% | Exchequer Gas Stock 1990 to 1995 | |
| 12% | Treasury Stock 1995 | |
| 10¼% | Exchequer Stock 1995 | |
| 12¾% | Treasury Loan 1995 | |
| 9% | Treasury Loan 1992 to 1996 | |
| 15¼% | Treasury Loan 1996 | |
| 13¼% | Exchequer Loan 1996 | |
| 14% | Treasury Stock 1996 | |
| 2% | Index-Linked Treasury Stock 1996 | |
| 10% | Conversion Stock 1996 | |
| 10% | Conversion Stock 1996 ‘A’ | |
| 10% | Conversion Stock 1996 ‘B’ | |
| 13¼% | Treasury Loan 1997 | |
| 10½% | Exchequer Stock 1997 | |
| 8¾% | Treasury Loan 1997 | |
| 8¾% | Treasury Loan 1997 ‘B’ | |
| 8¾% | Treasury Loan 1997 ‘C’ | |
| 8¾% | Treasury Loan 1997 ‘D’ | |
| 8¾% | Treasury Loan 1997 ‘E’ | |
| 15% | Exchequer Stock 1997 | |
| 7% | Treasury Convertible Stock 1997 | |
| 6¾% | Treasury Loan 1995 to 1998 | |
| 15½% | Treasury Loan 1998 | |
| 12% | Exchequer Stock 1998 | |
| 12% | Exchequer Stock 1998 ‘A’ | |
| 9¾% | Exchequer Stock 1998 | |
| 9¾% | Exchequer Stock 1998 ‘A’ | |
| 7¼% | Treasury Stock 1998 ‘A’ | |
| 7¼% | Treasury Stock 1998 ‘B’ | |
| 12% | Exchequer Stock 1998 ‘B’ | |
| 4⅝% | Index-Linked Treasury Stock 1998 | |
| 7¼% | Treasury Stock 1998 | |
| 9½% | Treasury Loan 1999 | |
| 10½% | Treasury Stock 1999 | |
| 12¼% | Exchequer Stock 1999 | |
| 12¼% | Exchequer Stock 1999 ‘A’ | |
| 12¼% | Exchequer Stock 1999 ‘B’ | |
| 2½% | Index-Linked Treasury Convertible Stock 1999 | |
| 10¼% | Conversion Stock 1999 | |
| 6% | Treasury Stock 1999 | |
| – | Floating Rate Treasury Stock 1999 | |
| 9% | Conversion Stock 2000 | |
| 9% | Conversion Stock 2000 ‘A’ | |
| 9% | Conversion Stock 2000 ‘B’ | |
| 9% | Conversion Stock 2000 ‘C’ | |
| 8½% | Treasury Loan 2000 | |
| 8% | Treasury Stock 2000 | |
| 8% | Treasury Stock 2000 ‘A’ | |
| 13% | Treasury Stock 2000 | |
| 13% | Treasury Stock 2000 ‘A’ | |
| 7% | Treasury Stock 2001 | |
| 7% | Treasury Stock 2001 ‘A’ | |
| 14% | Treasury Stock 1998 to 2001 | |
| 2½% | Index-Linked Treasury Stock 2001 | |
| 9¾% | Conversion Stock 2001 | |
| 10% | Treasury Stock 2001 | |
| 9½% | Conversion Loan 2001 | |
| 10% | Treasury Stock 2001 ‘A’ | |
| 10% | Treasury Stock 2001 ‘B’ | |
| – | Floating Rate Treasury Stock 2001 | |
| 12% | Exchequer Stock 1999 to 2002 | |
| 12% | Exchequer Stock 1999 to 2002 ‘A’ | |
| 9½% | Conversion Stock 2002 | |
| 10% | Conversion Stock 2002 | |
| 9% | Exchequer Stock 2002 | |
| 7% | Treasury Stock 2002 | |
| 9¾% | Treasury Stock 2002 | |
| 9¾% | Treasury Stock 2002 ‘A’ | |
| 9¾% | Treasury Stock 2002 ‘B’ | |
| 9¾% | Treasury Stock 2002 ‘C’ | |
| 13¾% | Treasury Stock 2000 to 2003 | |
| 13¾% | Treasury Stock 2000 to 2003 ‘A’ | |
| 2½% | Index-Linked Treasury Stock 2003 | |
| 9¾% | Conversion Loan 2003 | |
| 6½% | Treasury Stock 2003 | |
| 8% | Treasury Stock 2003 | |
| 8% | Treasury Stock 2003 ‘A’ | |
| 10% | Treasury Stock 2003 | |
| 10% | Treasury Stock 2003 ‘A’ | |
| 10% | Treasury Stock 2003 ‘B’ | |
| 3½% | Funding Stock 1999 to 2004 | |
| 11½% | Treasury Stock 2001 to 2004 | |
| 9½% | Conversion Stock 2004 | |
| 10% | Treasury Stock 2004 | |
| 6¾% | Treasury Stock 2004 | |
| 5% | Treasury Stock 2004 | |
| 6¾% | Treasury Stock 2004 ‘A’ | |
| 4⅜% | Index-Linked Treasury Stock 2004 | |
| 9½% | Conversion Stock 2004 ‘A’ | |
| 12½% | Treasury Stock 2003 to 2005 | |
| 12½% | Treasury Stock 2003 to 2005 ‘A’ | |
| 10½% | Exchequer Stock 2005 | |
| 9½% | Conversion Stock 2005 | |
| 9½% | Conversion Stock 2005 ‘A’ | |
| 8½% | Treasury Stock 2005 | |
| 8% | Treasury Loan 2002 to 2006 | |
| 8% | Treasury Loan 2002 to 2006 ‘A’ | |
| 2% | Index-Linked Treasury Stock 2006 | |
| 9¾% | Conversion Stock 2006 | |
| 7½% | Treasury Stock 2006 | |
| 7¾% | Treasury Stock 2006 | |
| 11¾% | Treasury Stock 2003 to 2007 | |
| 11¾% | Treasury Stock 2003 to 2007 ‘A’ | |
| 7¼% | Treasury Stock 2007 | |
| 4½% | Treasury Stock 2007 | |
| 8½% | Treasury Loan 2007 | |
| 8½% | Treasury Loan 2007 ‘A’ | |
| 8½% | Treasury Loan 2007 ‘B’ | |
| 8½% | Treasury Loan 2007 ‘C’ | |
| 13½% | Treasury Stock 2004 to 2008 | |
| 9% | Treasury Loan 2008 | |
| 9% | Treasury Loan 2008 ‘A’ | |
| 9% | Treasury Loan 2008 ‘B’ | |
| 9% | Treasury Loan 2008 ‘C’ | |
| 9% | Treasury Loan 2008 ‘D’ | |
| 5% | Treasury Stock 2008 | |
| 2½% | Index-Linked Treasury Stock 2009 | |
| 5¾% | Treasury Stock 2009 | |
| 8% | Treasury Stock 2009 | |
| 4% | Treasury Stock 2009 | |
| 8% | Treasury Stock 2009 ‘A’ | |
| 4¾% | Treasury Stock 2010 | |
| 6¼% | Treasury Stock 2010 | |
| 2½% | Index-Linked Treasury Stock 2011 | |
| 4¼% | Treasury Gilt 2011 | |
| 9% | Conversion Loan 2011 | |
| 9% | Conversion Loan 2011 ‘A’ | |
| 9% | Conversion Loan 2011 ‘B’ | |
| 9% | Conversion Loan 2011 ‘C’ | |
| 9% | Conversion Loan 2011 ‘D’ | |
| 3¼% | Treasury Gilt 2011 | |
| 5½% | Treasury Stock 2008 to 2012 | |
| 9% | Treasury Stock 2012 | |
| 9% | Treasury Stock 2012 ‘A’ | |
| 5% | Treasury Stock 2012 | |
| 5¼% | Treasury Gilt 2012 | |
| 2½% | Index-Linked Treasury Stock 2013 | |
| 8% | Treasury Stock 2013 | |
| 4½% | Treasury Gilt 2013 | |
| 2¼% | Treasury Gilt 2014 | |
| 5% | Treasury Stock 2014 | |
| 7¾% | Treasury Loan 2012 to 2015 | |
| 2¾% | Treasury Gilt 2015 | |
| 4¾% | Treasury Stock 2015 | |
| 8% | Treasury Stock 2015 | |
| 8% | Treasury Stock 2015 ‘A’ | |
| 2½% | Treasury Stock 1986 to 2016 | |
| 2½% | Index-Linked Treasury Stock 2016 | |
| 2% | Treasury Gilt 2016 | |
| 4% | Treasury Gilt 2016 | |
| 2½% | Index-Linked Treasury Stock 2016 ‘A’ | |
| 12% | Exchequer Stock 2013 to 2017 | |
| 1% | Treasury Gilt 2017 | |
| 1¼% | Index-Linked Treasury Gilt 2017 | |
| 1¾% | Treasury Gilt 2017 | |
| 8¾% | Treasury Stock 2017 | |
| 8¾% | Treasury Stock 2017 ‘A’ | |
| 1¼% | Treasury Gilt 2018 | |
| 5% | Treasury Gilt 2018 | |
| 0⅛% | Index-linked Treasury Gilt 2019 | |
| 3¾% | Treasury Gilt 2019 | |
| 4½% | Treasury Gilt 2019 | |
| 2% | Treasury Gilt 2020 | |
| 2½% | Index-Linked Treasury Stock 2020 | |
| 3¾% | Treasury Gilt 2020 | |
| 4¾% | Treasury Stock 2020 | |
| 1½% | Treasury Gilt 2021 | |
| 3¾% | Treasury Gilt 2021 | |
| 8% | Treasury Stock 2021 | |
| 1¾% | Treasury Gilt 2022 | |
| 0½% | Treasury Gilt 2022 | |
| 1⅞% | Index-Linked Treasury Gilt 2022 | |
| 4% | Treasury Gilt 2022 | |
| 0⅛% | Treasury Gilt 2023 | |
| 0¾% | Treasury Gilt 2023 | |
| 2¼% | Treasury Gilt 2023 | |
| 0⅛% | Treasury Gilt 2024 | |
| 1% | Treasury Gilt 2024 | |
| 2¾% | Treasury Gilt 2024 | |
| 0⅛% | Index-Linked Treasury Gilt 2024 | |
| 2½% | Index-Linked Treasury Stock 2024 | |
| 0⅝% | Treasury Gilt 2025 | |
| 2% | Treasury Gilt 2025 | |
| 0¼% | Treasury Gilt 2025 | |
| 5% | Treasury Stock 2025 | |
| 0⅛% | Index-Linked Treasury Gilt 2026 | |
| 0⅛% | Treasury Gilt 2026 | |
| 0⅜% | Treasury Gilt 2026 | |
| 1½% | Treasury Gilt 2026 | |
| 1¼% | Treasury Gilt 2027 | |
| 1¼% | Index-Linked Treasury Gilt 2027 | |
| 4¼% | Treasury Gilt 2027 | |
| 6% | Treasury Stock 2028 | |
| 0⅛% | Treasury Gilt 2028 | |
| 1⅝% | Treasury Gilt 2028 | |
| 0⅛% | Index-Linked Treasury Gilt 2028 | |
| 0⅛% | Index-Linked Treasury Gilt 2029 | |
| 0⅞% | Treasury Gilt 2029 | |
| 0½% | Treasury Gilt 2029 | |
| 0⅜% | Treasury Gilt 2030 | |
| 4⅛% | Index-Linked Treasury Stock 2030 | |
| 4¾% | Treasury Gilt 2030 | |
| 0⅛% | Index-linked Treasury Gilt 2031 | |
| 0¼% | Treasury Gilt 2031 | |
| 1% | Treasury Gilt 2032 | |
| 1¼% | Index-Linked Treasury Gilt 2032 | |
| 4¼% | Treasury Stock 2032 | |
| 0⅞% | Green Gilt 2033 | |
| 0¾% | Treasury Gilt 2034 | |
| 4½% | Treasury Gilt 2034 | |
| 0⅝% | Treasury Gilt 2035 | |
| 2% | Index-linked Treasury Stock 2035 | |
| 4¼% | Treasury Stock 2036 | |
| 0⅛% | Index-linked Treasury Gilt 2036 | |
| 1¾% | Treasury Gilt 2037 | |
| 1⅛% | Index-Linked Treasury Gilt 2037 | |
| 4¾% | Treasury Stock 2038 | |
| 4¼% | Treasury Gilt 2039 | |
| 1⅛% | Treasury Gilt 2039 | |
| 0⅛% | Index-linked Treasury Gilt 2039 | |
| 0⅝% | Index-Linked Treasury Gilt 2040 | |
| 4¼% | Treasury Gilt 2040 | |
| 0⅛% | Index-Linked Treasury Gilt 2041 | |
| 1¼% | Treasury Gilt 2041 | |
| 0⅝% | Index-Linked Treasury Gilt 2042 | |
| 4½% | Treasury Gilt 2042 | |
| 0⅛% | Index-Linked Treasury Gilt 2044 | |
| 3¼% | Treasury Gilt 2044 | |
| 3½% | Treasury Gilt 2045 | |
| 0⅛% | Index-Linked Treasury Gilt 2046 | |
| 0⅞% | Treasury Gilt 2046 | |
| 4¼% | Treasury Gilt 2046 | |
| 1½% | Treasury Gilt 2047 | |
| 0¾% | Index-Linked Treasury Gilt 2047 | |
| 0⅛% | Index-Linked Treasury Gilt 2048 | |
| 4¼% | Treasury Gilt 2049 | |
| 1¾% | Treasury Gilt 2049 | |
| 0½% | Index-Linked Treasury Gilt 2050 | |
| 0½% | Index-Linked Treasury Gilt 2050 | |
| 0⅝% | Treasury Gilt 2050 | |
| 1¼% | Treasury Gilt 2051 | |
| 0⅛% | Index-linked Treasury Gilt 2051 | |
| 0¼% | Index-Linked Treasury Gilt 2052 | |
| 3¾% | Treasury Gilt 2052 | |
| 1½% | Green Gilt 2053 | |
| 1⅝% | Treasury Gilt 2054 | |
| 1¼% | Index-Linked Treasury Gilt 2055 | |
| 4¼% | Treasury Gilt 2055 | |
| 0⅛% | Index-Linked Treasury Gilt 2056 | |
| 1¾% | Treasury Gilt 2057 | |
| 0⅛% | Index- Linked Treasury Gilt 2058 | |
| 4% | Treasury Gilt 2060 | |
| 0½% | Treasury Gilt 2061 | |
| 3½% | Treasury Gilt 2062 | |
| 0⅛% | Index-linked Treasury Gilt 2065 | |
| 2½% | Treasury Gilt 2065 | |
| 0⅛% | Index-linked Treasury Gilt 2068 | |
| 3½% | Treasury Gilt 2068 | |
| 1⅝% | Treasury Gilt 2071 | |
| 0⅛% | Index-linked Treasury Gilt 2073 | |
| 1⅛% | Treasury Gilt 2073 | |
| 4⅛% | Treasury Gilt 2027 | |
| 3¾% | Treasury Gilt 2038 | |
| 3¼% | Treasury Gilt 2033 | |
| 3½% | Treasury Gilt 2025 | |
| 3¾% | Treasury Gilt 2053 | |
| 0⅝% | Treasury Gilt 2045 | |
| 4% | Treasury Gilt 2063 |
Securities issued by certain public corporations and guaranteed by the Treasury
| Percentage | Title |
|---|---|
| 3% | North of Scotland Electricity Stock 1989 to 1992 |
Published 20 May 2014
Last updated 8 September 2023 + show all updates
Last updated 8 September 2023 + show all updates
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The list of ‘Stocks and bonds charged on the National Loans Fund’ has been updated with one new entry.
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The list of ‘Stocks and bonds charged on the National Loans Fund’ has been updated with 7 new entries.
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The list of ‘Stocks and bonds charged on the National Loans Fund’ has been updated with 10 new entries.
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The stocks and bonds charged on the National Loans Fund list has been updated.
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The stocks and bonds charged on the National Loans Fund list has been updated.
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The stocks and bonds charged on the National Loans Fund list has been updated.
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The stocks and bonds charged on the National Loans Fund list has been updated.
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Rates, allowances and duties have been updated for the tax year 2016 to 2017.
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First published.