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More than £100m of premium bond prizes remain unclaimed amid criticism that the government-owned bank which operates the savings scheme is not doing enough to find the winners. Among the 2.5 million ...
A reader wonders whether their premium bonds could attract a tax charge when they are inherited ...
For example, a 10-year par bond and a 10-year premium bond have the same $97.5 de minimis threshold. But at a price of $100, a par bond would have only a 2.5-point cushion; a premium bond selling ...
Suter said premium bonds are often given to children as a gift by parents or grandparents but there could be better ways to ...
Premium Bonds are one of the safest places to stash your cash, and winnings are exempt from tax. But, with rates falling, fewer people will win big prizes, though it is still possible to hit the ...
Another bond manager uses callable premium bonds, which pay fairly substantial yields, according to Baldwin. "This gives him very short duration," Baldwin says, "so it is very defensive.
The premium bond's net cash flow of $400 is derived from the 10-year cash flow, or $500, minus the premium paid on the bond which is $1100-$1000, or $100. In contrast, the discount bond's net cash ...
Premium Bonds are an investment product offered by the government-owned NS&I. It provides savers with a unique opportunity to win tax-free cash prizes ranging from £25 to £1 million each month.
A block of 550 Connecticut General Obligation bonds was purchased August 30, 2013 at 117.08 ($1,170.80 per bond). June 14, 2017 bonds were sold at 107.338 ($1,073.38 per bond).
For the first year, the unamortized bond premium is $80, so you would multiply $1,080 by 5% to get $54. Subtract that from the $60 in interest that the bond pays ($1,000 multiplied by 6%), and you ...
More than £100m of premium bond prizes remain unclaimed amid criticism that the government-owned bank which operates the savings scheme is not doing enough to find the winners. Among the 2.5 ...