Premium Bond

(redirected from Premium bonds)
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ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.Premium Bond - a government bond that bears no interest or capital gains but enters the holder into lotteries
Britain, Great Britain, U.K., UK, United Kingdom, United Kingdom of Great Britain and Northern Ireland - a monarchy in northwestern Europe occupying most of the British Isles; divided into England and Scotland and Wales and Northern Ireland; `Great Britain' is often used loosely to refer to the United Kingdom
bond certificate, bond - a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal
References in periodicals archive ?
PREMIUM BONDS DEAL WITH POST OFFICE WILL END POST Offices will stop selling premium bonds after a contract with NS&I comes to an end.
SAVERS will now be able to invest a further PS10,000 in Premium Bonds as the maximum holding limit is being increased from PS40,000 to PS50,000.
PREMIUM Bonds are the UK's favourite savings vehicle with over PS50billion in them.
A MYSTERY man from Kirklees is PS1 million richer thanks to a Premium Bonds win.
But still there are people who have no Premium Bonds - a savings product that puts you into a huge prize draw every month.
The maximum amount that can be invested in Premium Bonds increases from PS30,000 to PS40,000 with effect from Sunday.
NORTH savers are missing out on more than PS1m in premium bonds prizes, new figures show.
4 million in premium bonds prizes have gone unclaimed in the West Midlands it has been revealed.
NATIONAL Savings and Investments (NS&I) have announced that it is reducing the annual Premium Bonds prize fund rate by 0.
More than a third of the population have a total of PS45billion invested in Premium Bonds, with each eligible Bond entered into a monthly draw for the chance to win tax-free prizes.
Premium Bonds are an investment where, instead of interest payments, investors have the chance to win tax-free prizes.
A CONSUMER website has launched a scathing attack on Premium Bonds, claiming most people would be better off putting their cash into a savings account.