Premium Bonds
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.
National Savings Investments 100 Secure Saving Ns I
A recent report in the Times newspaper describes a scam targeting people with premium bonds.
. About Premium bond investments. A premium bond trades above its face value. The second winning Bond number drawn was 324MB318235 and the winner comes from West Sussex.
The maximum premium bonds you can hold is 50000. A premium bond is a bond that is selling for more than its par value on the open market. Cash in Premium Bonds online or by phone.
Prizes are drawn monthly and range from 25 to 1 million paid free of tax. This happens when the bonds coupon rate exceeds the prevailing. Hannah Jewell invested PS1700 in a high-interest.
For both of these options youll already need to be. By using ones NSI number a person can check if they have won a prize using the Premium Bonds. We are an international financial company engaged in investment activities which are related to trading on financial markets like forex trading stock.
At present it is issued by the governments National Savings and Investments agency. All the Premium Bonds are grouped under a unique holders number. 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. Premium Bonds are valued at 1 each and the minimum holding is 25 maximum 50000. The winner holds 50000 in Premium Bonds and purchased their.
A Premium Bond is a lottery bond issued by the United Kingdom government since 1956. Scams On Premium Bonds.
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