Each Bond you own goes into a prize draw every month, with the chance of winning between £25 and £1m. There’s a prize rate of 1%, but that doesn’t mean you get 1% back. Since the lowest prize is £25, for every bond that gets this, 24 will win nothing. In fact it’...
The second Bond number drawn this month was 436WJ503244 and belongs to a man from Surrey. The winner has a total holding of £50,000 in Premium Bonds and purchased the winning Bond in February 2021. The winner becomes the 27th Premium Bonds millionaire from Surrey. Jill Wa...
The fact there are some very large prizes also skews the figures – as it means that for every person who wins £1 million or £100,000 there will be hundreds who win nothing. “What that 3.15% figure means is that for every £100 held in Premium Bonds...
The bond risk premium is the return that investors earn by investing in longer duration bonds. While the most common way that investors can access this return stream is through investing in bond portfolios, bonds often significantly de-risk portfolios and scale back returns. Investors who desire m...