Yields will be almost identical to money funds, but the premium bonds _ one candidate is the 11 5 / 8 percent issue due Nov . 15 and selling at about 107 _ will gradually depreciate until maturity, when they are paid off at 100.
42.
National Savings statisticians reckon that on average, 20, 000 pounds worth of premium bonds would win you a dozen 50 pound prizes and one of 100 pounds every year, and 500 pounds every four or five years, which would equal a return of about 4 percent.
43.
The popularity of the Treble Chance game was due to the fact it offered a potential single large jackpot at a time when no other form of gambling in the United Kingdom did; premium bonds were not offered until 1957 and never offered a jackpot which was as high.
44.
The government-owned National Savings and Investments is based at Marton, together with their Hardware random number generator, " ERNIE " ( " Electronic Random Number Indicator Equipment " ), which picks the Premium Bond numbers, while other government agencies are based at Warbreck and Norcross further up the Fylde coast.
45.
Another reason they can be a good buy for small investors is that premium munis are shunned by trust managers, who do not want to pay the extra cost ( remember you pay more at the outset for a premium bond ) because they are obligated to conserve the principal of the trust.
