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Premium Bond

Translation of Premium Bond in Spanish:

noun

  • (in UK)
    (bono del Estado que permite ganar dinero participando en sorteos mensuales)
    Example sentences
    • Rather than paying interest, Premium Bonds offer savers the chance to win tax-free prizes ranging from £50 to £1m each month.
    • In return for loaning the Government money, you are rewarded by receiving your interest tax-free (and in the case of Premium Bonds, by winning prizes).
    • The current prize fund rate for Premium Bonds is 2.25%.
Definition of Premium Bond in:
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