Why doesnt the UK government have...

[Greenmantle]

An Online Website for individuals to purchase government debt. Or are they too scared to upset the big fish whether that be market makers in the gilts market or building societies / banks offering savings accounts to individuals.

[kiethton]

For a whole host of reasons but most importantly:

The lot size of each contract is £100k
There are regulatory restrictions with selling complex financial instruments to lay investors (without the supervisory/compliance function a broker provides)

You can get exposure to these same instruments via a ETF or bond portfolio investment via existing platforms so no need

[Greenmantle]

kiethton said:

For a whole host of reasons but most importantly:

The lot size of each contract is £100k
There are regulatory restrictions with selling complex financial instruments to lay investors (without the supervisory/compliance function a broker provides)

You can get exposure to these same instruments via a ETF or bond portfolio investment via existing platforms so no need

Sorry but

(1) Loads of people are looking to invest £100K.
(2) Government debt isnt complex.
(3) The Americans have been doing it for decades (patriotism & 401k).
(4) Middle men need paying.

[pork911]

Greenmantle said:

Middle men need paying.

reason found?

[cholo]

I'm no financial expert, but aren't you effectively busing government debt with premium bonds?

[Super Sonic]

pork911 said:

Greenmantle said:

Middle men need paying.

reason found?

Middle men with friends in high places!