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2. Premium Bonds - Wikipedia

   en.wikipedia.org/wiki/Premium_Bonds

   Premium Bonds is a lottery bond scheme organised by the United Kingdom government since 1956. At present it is managed by the government's National Savings and Investments agency. 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 lottery.

3. Prize Bond - Wikipedia

   en.wikipedia.org/wiki/Prize_Bond

   A Prize Bond is a lottery bond, a non-interest bearing security issued on behalf of the Irish Minister for Finance by the Prize Bond Company DAC. Funds raised are used to offset government borrowing and are refundable to the bond owner on demand. Interest is returned to bond owners via prizes which are distributed by random selection of bonds.

4. United States Savings Bonds - Wikipedia

   en.wikipedia.org/wiki/United_States_Savings_Bonds

   The interest rate of a Series HH bond was set at purchase and remained that rate for 10 years. After 10 years the rate could be adjusted, with interest paid at the new rate for the remaining 10 year life of the bond. [25] After 20 years, the bond would be redeemed for its original purchase price. Issuance of Series HH bonds ended August 31, 2004.

5. Investment-grade bonds vs. high-yield bonds: How they differ

   www.aol.com/finance/investment-grade-bonds-vs...

   Investment-grade bonds. High-yield bonds. Income potential . Consistent yields. Higher yields. Growth opportunity. Potential long-term stability. Potential for capital gains and appreciation if ...

6. Redemption value - Wikipedia

   en.wikipedia.org/wiki/Redemption_value

   A bond is purchased "at a discount" if its redemption value exceeds its purchase price. It is purchased "at a premium" if its purchase price exceeds its redemption value. [1] Thus, the right will only be exercised at a discount. [2] See: Callable bond; Embedded option; Convertible bond.

7. Notional amount - Wikipedia

   en.wikipedia.org/wiki/Notional_amount

   In simple terms, the notional principal amount is essentially how much of an asset or bonds a person owns. For example, if a premium bond were bought for £1, then the notional principal amount would be the face value amount of the premium bond that £1 was able to purchase. Hence, the notional principal amount is the quantity of the assets and ...