answersLogoWhite

0

When was Premium Bond created?

User Avatar

Anonymous

11y ago
Updated: 8/21/2019

Premium Bond was created in 1956.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

How do you find out if you have won with a Premium Bond if you have lost the Premium Bond information?

I HAVE LOST THE PREMIUM BOND INFORMATION


How does a premium savings bond work?

A premium savings bond is simply a bond which trades at a coupon rate that is higher than the prevailing interest rate. This increased coupon rate will cause the bond to mature faster than it otherwise would.


Does a T-Bond have a default risk premium?

yes


When was Rai Premium created?

Rai Premium was created in 2003.


When was Premium Plaza created?

Premium Plaza was created in 2007.


How long is premium bond cheque valid?

3 months


Does the yield to maturity on a premium bond exceed the bond's coupon rate?

No, the yield to maturity (YTM) on a premium bond does not exceed the bond's coupon rate. A premium bond is sold for more than its face value, which means the YTM will be lower than the coupon rate because the investor will receive the fixed coupon payments but will incur a loss when the bond matures and is redeemed at face value. Thus, the YTM reflects this lower return compared to the coupon rate.


What is the difference between bond premium and bond discount?

A bond premium occurs when a bond is sold for more than its face value, typically because it offers a higher interest rate compared to current market rates. In contrast, a bond discount is when a bond is sold for less than its face value, often because it has a lower interest rate than prevailing market rates. The premium or discount reflects the bond’s yield relative to market conditions and affects the total return for investors.


What happens when a bond is issued at a premium?

When a bond is issued at a premium, it means the bond's selling price is higher than its face value. This typically occurs when the bond's coupon rate is higher than prevailing market interest rates, making it more attractive to investors. As a result, the issuer receives more funds upfront, but the premium will be amortized over the bond’s life, reducing the interest expense recognized on the issuer's financial statements. Ultimately, the bondholder will receive the face value at maturity, resulting in a loss of the premium amount.


When was Premium Standard Farms created?

Premium Standard Farms was created in 1988.


When was NBA Premium TV created?

NBA Premium TV was created in 2010.


When was Equity premium puzzle created?

Equity premium puzzle was created in 1985.