Higher coupons and interest payments can make premium municipal bonds worth the extra upfront cost. Contrary to some common myths and misperceptions, premium bonds have several advantages that may ...

Premium bonds cost more than their face value due to higher interest rates or the issuer's improved credit rating. Investors must analyze if the extra interest from the premiums outweighs the added ...

Bonds bought above face value add cost paid as "unamortized bond premium." Reduce premium annually to align bond's book value with redemption value at maturity. Consult tax advisor on premium tax ...

Millions of Premium Bonds holders are seeing no returns on their savings as the vast majority have never won a penny from the popular savings product, new data suggests. Around 63% of people who have ...

More than 24 million people in the UK have NS&I Premium Bonds, which enters your savings into a monthly draw, offering tax-free prizes from £25 to £1million. However, after a previous drop to the ...

Premium Bonds are a popular and secure savings product that offers savers the chance to win a prize every month, including a £1 million jackpot. But with many savers rarely or never winning a prize, ...

NS&I will cut its Premium Bond prize-fund rate to 4% from 4.15% for the January 2025 draw and beyond. But this rate was already lagging behind interest rates on standard savings accounts – so if ...

NS&I has once again revealed the latest results of its Premium Bonds draw, creating two millionaires overnight, with thousands more scooping a host of prizes. The £1 million winners were officially ...

Premium Bond holders are set to see the prize fund rate drop from a historic high of 4.65% to 4.4% on 1 March, meaning an estimated 73,000 fewer prizes will be on offer. The prize fund rate has stood ...