📊Gilt TableAll UK gilts with net yields 📈Yield CurveGross vs net across maturities 🧮CalculatorYour after-tax gilt return 🪜Bond LadderBuild a staggered income portfolio ⚖️CompareBreak-even & gilt vs savings 📖LearnHow gilts are taxed ℹ️AboutWhat YieldSmart does and why
Gilt TableAll gilts › T41F

5 1/4% Treasury Gilt 2041

T41F · ISIN GB00BVP99897 · after-tax yield and tax breakdown · prices as of 8 Jun 2026 close (indicative)
Clean price
£99.20
% of par
Coupon
5.25%
paid semi-annually
Gross yield
5.330%
to maturity, pre-tax
Maturity
31 January 2041
~14.7 years
Modified duration
10.04
price sensitivity
Tax-free gain to par
+£80
per £10,000 nominal

Price & yield history

How T41F's clean price, gross redemption yield and after-tax net yield have moved over time. A premium feature — sign in and subscribe to view the full history.

Net yield after tax

Your income tax bandNet yieldGrossed-up*
No tax 5.330%
Basic 20% 4.275% 5.34%
Higher 40% 3.219% 5.37%
Additional 45% 2.956% 5.37%

*Grossed-up = the gross yield a fully-taxable savings account or bond would need to match this gilt's net yield, at that tax rate. Gilt coupons are taxed as income; the capital gain to par is exempt from CGT. Figures don't include your Personal Savings Allowance, so they're conservative. How we calculate this.

What this means

T41F is the UK Treasury gilt "5 1/4% Treasury Gilt 2041", paying a 5.25% annual coupon and redeeming at par (£100) on 31 January 2041 — about 14.7 years away. At its 8 Jun 2026 closing price of £99.20 the gross redemption yield is 5.330%. Trading below par, part of its return is a CGT-exempt capital gain to maturity (£80 per £10,000 nominal), so its net yield holds up better after tax than its coupon alone would suggest — a 45% taxpayer keeps 2.96% net.

Compare in the calculator → See all gilts

Nearby maturities

TG40 · 4.375% 2040 T40 · 4.25% 2040 TG41 · 1.25% 2041 T42 · 4.5% 2042

Prices are indicative closing levels for 8 Jun 2026 and may be delayed — see the live gilt table for current figures at your tax rate. Information only, not financial advice.

Information only — not financial advice. Gilt prices are indicative from last available close (8 Jun 2026) and may be delayed. Verify before transacting. UK tax treatment may change.