What is the meaning of Premium Bond?

Premium Bond is a bond that is selling above its face value or redemption price.

Barry Goldsmith
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APABarry Goldsmith. (2010). premium bond. Retrieved September 26, 2026, from http://smartdefine.org/premium_bond/definitions/1160953
ChicagoBarry Goldsmith. 2010. "premium bond" http://smartdefine.org/premium_bond/definitions/1160953 (accessed September 26, 2026).
HarvardBarry Goldsmith 2010, premium bond, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/premium_bond/definitions/1160953>.
MLABarry Goldsmith. "premium bond" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/premium_bond/definitions/1160953>
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