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Premium Bonds is a lottery bond scheme organised by the United Kingdom government since 1956. At present it is managed by the government's National Savings and Investments agency. The principle behind Premium Bonds is that rather than the stake being gambled, as in a usual lottery , it is the interest on the bonds that is distributed by a lottery.
St Annes is the original home of Premium Bonds and their prize-selecting computer ERNIE, which were on a site between Shepherd Road and Heyhouses Lane. Premium Bonds operated from there for more than 40 years before moving to Blackpool. The shopping area declined towards the end of the 20th century and was redeveloped in an attempt to attract ...
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October’s prize draw also saw an extra £79m added to the prize pot, with the prize fund rate increasing from 1.40% to 2.20% — the biggest single increase in more than 40 years — and the ...
The county was created by the Virginia General Assembly in 1648 during a period of rapid population growth and geographic expansion. Northumberland, United Kingdom: 12,391: 192 sq mi (497 km 2) Nottoway County: 135: Nottoway: 1789: From the area of Amelia County called Nottaway Parish: Nodawa tribe 15,566: 315 sq mi (816 km 2) Orange County ...
A bond’s payment is called a coupon, and the coupon will not change except as detailed at the outset in the terms of the bond. ... Bonds that go above their issue price are called premium bonds ...
The Oxford English Dictionary defines "premium bond" in non-specific terms as "a bond earning no interest but eligible for lotteries", and then offers the following pre-1956 quotations: 1820: The Times 13 Sept. 3/1 "The premium bonds will be delivered with the state bond and dividend warrant on the 1st February, 1821."