Difference between revisions of "Buy Premium Bonds"
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Premium bonds are divided into two categories. One type is a specific type of lottery bond sold by National Savings and Investments (NS&I), located in the United Kingdom (UK). NS&I Premium Bonds are backed by Her Majesty's Treasury, the financial arm of the United Kingdom's government.<ref name="rf1">www.nsandi.com/files/published_files/asset/pdf/premium-bonds-brochure.pdf</ref> Instead of receiving interest after a certain amount of time elapses (as with most bonds), premium bonds are akin to lottery tickets.<ref name="rf1" /> The other type of premium bond is one that is sold for higher than its face value.<ref name="rf2">http://www.investopedia.com/terms/p/premiumbond.asp</ref> | Premium bonds are divided into two categories. One type is a specific type of lottery bond sold by National Savings and Investments (NS&I), located in the United Kingdom (UK). NS&I Premium Bonds are backed by Her Majesty's Treasury, the financial arm of the United Kingdom's government.<ref name="rf1">www.nsandi.com/files/published_files/asset/pdf/premium-bonds-brochure.pdf</ref> Instead of receiving interest after a certain amount of time elapses (as with most bonds), premium bonds are akin to lottery tickets.<ref name="rf1" /> The other type of premium bond is one that is sold for higher than its face value.<ref name="rf2">http://www.investopedia.com/terms/p/premiumbond.asp</ref> | ||
| − | [[Category:Financial Bonds]] | + | [[Category: Financial Bonds]] |
== Steps == | == Steps == | ||
