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A Prize Bond is a lottery bond, a non-interest bearing security issued on behalf of the Irish Minister for Finance by the Prize Bond Company DAC. Funds raised are used to offset government borrowing and are refundable to the bond owner on demand. Interest is returned to bond owners via prizes which are distributed by random selection of bonds.
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An Post (Irish pronunciation: [ənˠ ˈpˠɔsˠt̪ˠ]; literally 'The Post') is the state-owned provider of postal services in Ireland. An Post provides a "universal postal service" to all parts of the country as a member of the Universal Postal Union. Services provided include letter post, parcel service, deposit accounts, Express Post (an all ...
File:The Ulster Savings Certificates Regulations (Northern Ireland) 1988 (NISR 1988-30).pdf. Add languages. Page contents not supported in other languages.
Similar prize schemes operate in other countries, for instance this Premium Prize Bond certificate from India. Premium Bonds under various names exist or have existed in various countries. Similar programmes to UK Premium Bonds include: In the Republic of Ireland, Prize Bonds also originated in early 1957.
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Post Office Savings Bank became National Savings Bank in 1969, later renamed National Savings and Investments (NS&I), an agency of HM Treasury. While continuing to offer National Savings services, the (then) General Post Office , created the National Giro in 1968 (privatized as Girobank and acquired by Alliance & Leicester in 1989).
A Personal Retirement Savings Account (PRSA) is a type of savings account introduced to the Irish market in 2003. In an attempt to increase pension coverage, the Pensions Board introduced a retirement savings account, that would entice the lower paid and self-employed to start making some pension provision. The intention was for PRSAs to ...
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