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Learner
Posted: 06 December 2024 13:01:33(UTC)
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I have HM TREASURY GILT 0.25% (31/01/25)
I bought 31,280 units at a cost of £x
Today I could sell the units for £y - a gain of £z
But I'd miss out on the next and final payout on 31st Jan 2025.

Does it make sense to sell now and buy T25 for example?
It's sheltered in SIPP. Have held all gilts to maturity before so is it more sensible to continue in that vein?
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mcminvest on 07/12/2024(UTC)
Bob Brook
Posted: 06 December 2024 13:19:21(UTC)
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You will only miss out on the days of interest left until the final coupon, if you sell now you will receive accrued interest that you have already earned, although on a low coupon gilt the amount is small anyway.
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Guest on 06/12/2024(UTC), Learner on 06/12/2024(UTC), mcminvest on 07/12/2024(UTC), Tim D on 07/12/2024(UTC), MBA MBA on 08/12/2024(UTC)
Thrugelmir
Posted: 06 December 2024 14:01:44(UTC)
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In terms of the gain. You are merely experiencing the pull to par effect of holding bonds. At the end of January the nominal capital value of £31,280 will be returned to you. Another £206.45p to be had.
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4 users thanked Thrugelmir for this post.
Learner on 06/12/2024(UTC), MrBatch on 06/12/2024(UTC), mcminvest on 07/12/2024(UTC), Sara G on 07/12/2024(UTC)
Learner
Posted: 06 December 2024 14:24:37(UTC)
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Appreciated - thank you.
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Sara G
Posted: 07 December 2024 18:00:42(UTC)
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Also, I think you save on trading fees if you wait.
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Learner on 07/12/2024(UTC)
Jay P
Posted: 07 December 2024 18:07:07(UTC)
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Sara G;328041 wrote:
Also, I think you save on trading fees if you wait.

Correct. (On HL, at least).

The £1 per share simply appears in the account alongside the last coupon payment.
IIRC, that may have happened on the following day, but no account charges either way.
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3 users thanked Jay P for this post.
Sara G on 07/12/2024(UTC), Learner on 07/12/2024(UTC), Tim D on 07/12/2024(UTC)
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