Premium Savings Bonds


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Premium Savings Bonds

pl n
(Banking & Finance) (in Britain) bonds issued by the Treasury since 1956 for purchase by the public. No interest is paid but there is a monthly draw for cash prizes of various sums. Also called: premium bonds
References in periodicals archive ?
In addition, the company also offers property, casualty, and life insurance as well as pension, asset management and premium savings bonds products.
She leads an organisation that deals in National Saving Certificates, Premium Savings Bonds, ISAs, Savings Accounts, Investment Accounts, Guaranteed Income Bonds and other products.