Premium Bonds

[Crazy Guy]

Premium bond sales hit high


SALES of premium bonds are at an all-time high as growing numbers of investors abandon the stock market in favour of government-backed savings.

National Savings & Investments said £580 million worth of bonds were bought in January, the highest monthly total since the launch in 1957.

Each £1 bond unit has a one in 28,500 chance of winning a prize, ranging from £50 to £1 million, and the winning numbers are chosen monthly by NSI’s computer Ernie.

 

[neil]

Odds Are...

'Tis better than the lottery odds, and you keep your stake !