You need to enable JavaScript to run this app. Premium Bonds are a fun alternative to an easy access savings account.
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This decision has been made by NSI as part of its long term strategy to encourage customers to use their direct channels.
Premium bonds. Two lucky NSI Premium Bond holders from Bristol have won the 1 million jackpots in the November 2021 prize draw. From 1 August 2015 NSI Premium Bonds are no longer available from Post Office branches or our website. We explain Premium Bonds pros and cons.
The lucky winner from South Gloucestershire purchased their winning bond 332GB855665 in June 2018 and holds 38000 in Premium Bonds. At present it is issued by the governments National Savings and Investments agency. A bond that is trading above its par value original price in the secondary market is a premium bond.
What Is a Premium Bond. The principle behind Premium Bonds is that rather than the stake being gambled as in a usual lottery it is the interest on the bonds that is distributed by a lotteryThe bonds are entered in a monthly prize draw and the. But which is the better investment.
A bond will trade at a premium when it offers a coupon interest rate that is higher than the current prevailing interest rates being offered for new bonds. A Premium Bond is a lottery bond issued by the United Kingdom government since 1956.
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