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The bonds were generally identified by their colour, for instance the blue premium bonds were issued in 1948, and were redeemed in 1998 (10 years + 4 10-year extension). [30] The first 200 DKK of each prize was tax free, the rest taxed at only 15% (compared to 30% or more for ordinary income). [31]
Premium bonds are an investment product from the National Savings and Investment (NS&I), which is owned by the government. Each month, millions of savers are entered into a prize draw to win cash ...
The number of higher cash prizes for bondholders is set to increase in next week’s draw ... For premium support please call: 800-290-4726 more ways to reach us. Mail. Sign in. Subscriptions;
All prizes are tax free and, with approximately 84 billion bonds issued, the chances of any one bond winning a prize for a given month are approximately 24500 to 1. However, if a bond wins a prize, that bond is not redeemed but remains 'in the pool' for all forthcoming draws (at least until the bond-holder decides to redeem it.).
For premium support please call: 800-290-4726 more ways to reach us
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.
Scottish Highlands and Wandsworth have new millionaires this month.
Bonus Bonds logo. Bonus Bonds was a New Zealand unit trust founded in 1970 with a reward scheme based on cash prizes. The New Zealand government launched Bonus Bonds under the Unit Trusts Act 1960 through the Post Office Savings Bank with the goal of encouraging New Zealanders to save money. It was the country's largest retail unit trust, with ...