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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.
National Savings and Investments (NS&I), formerly called the Post Office Savings Bank and National Savings, is a state-owned savings bank in the United Kingdom. It is both a non-ministerial government department [1] and an executive agency of HM Treasury. [2]
Index-linked Savings Certificates are British inflation linked bonds from National Savings and Investments, the state-owned savings bank in the United Kingdom. The bond terms are typically 2, 3 or 5 years. The returns are linked to Retail Price Index (RPI) with a tiny added interest rate on top. The Bonds can no only be cashed in at maturity.
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The song “Have Yourself a Merry Little Christmas” is a holiday classic, but its genesis goes back to Judy Garland in Meet Me in St. Louis.It turns out, she helped this melancholy Christmas ...
China’s disinformation efforts have coincided with what U.S. officials say is a concerted effort to steal intellectual property and U.S. military secrets through espionage and cyber hacks.
Lottery bonds are usually issued in a period where investor zeal is low and the government may see an issue failing to sell. By knowing ahead of time when the coupons will be paid and how many bonds will be redeemed at the original value and at the lottery value, the issuer can value the bond accurately and know ahead of time the cost of the borrowing.
Accused UnitedHealthcare CEO shooter Luigi Mangione made his initial appearance in Manhattan federal court Thursday after being slapped with federal murder charges in the death of Brian Thompson.