Gaussian coherent state continuous variable quantum key distribution has gained interest owing to its security and compatibility with classical coherent optical fibre networks. For successful system deployment it is necessary to implement practical high speed systems which distil keys efficiently. Here, we demonstrate a Gaussian coherent state continuous variable quantum key distribution system at a 50 MHz symbol rate. Unlike most demonstrations to date which measure excess noise and infer key rates from this, we record signals in real time and distil keys. We also demonstrate, for the first time, slice reconciliation with optimised guard bands to maximise achievable secret key rates. Using this optimisation with multilevel slicing, a record 5 Mb/s secret key rate after a transmission distance of 25 km is achieved. This is a significant improvement on the 3 Mb/s secret key rate which is achieved with single level optimised slice reconciliation.
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