Premium Bonds

The maximum premium bonds you can hold is 50000. A premium bond trades above its face value.

60million Up For Grabs Thanks To Lost Premium Bonds How To Claim Your Prize Mirror Online

Prizes are drawn monthly and range from 25 to 1 million paid free of tax.

. Premium Bonds are valued at 1 each and the minimum holding is 25 maximum 50000. About Premium bond investments. A recent report in the Times newspaper describes a scam targeting people with premium bonds.

This happens when the bonds coupon rate exceeds the prevailing. If you held the maximum of 50000 you would on average win one-two prizes a month although they would most likely all be 25. The easiest way to cash in Premium Bonds is to call or use the online form.

By using ones NSI number a person can check if they have won a prize using the Premium Bonds. At present it is issued by the governments National Savings and Investments agency. A Premium Bond is a lottery bond issued by the United Kingdom government since 1956.

The winner holds 50000 in Premium Bonds and purchased their. All the Premium Bonds are grouped under a unique holders number. The second winning Bond number drawn was 324MB318235 and the winner comes from West Sussex.

Bonds usually trade for a premium if their interest rate is higher than the market. For example a 500 bond that trades for 525 is a premium bond. Hannah Jewell invested PS1700 in a high-interest.

A premium bond is a bond that is selling for more than its par value on the open market. For both of these options youll already need to be. We are an international financial company engaged in investment activities which are related to trading on financial markets like forex trading stock.

Cash in Premium Bonds online or by phone. Scams On Premium Bonds. A premium municipal bond is priced above par or more than its face value when its coupon rate the interest paid to bondholders is higher than the prevailing market rate.

Investment In Premium Prize Bonds Rises 29pc To Rs22 8bln