premium bond


Bond whose selling price exceeds its par. opposite of discounted bond.

Use premium bond in a sentence

You need to try and find a way to get some money in a premium bond if you want a low risk investment.

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The premium bond market was sluggish as all the local traders were certainly on the lookout for a steal and not something that was increasing in price.

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As an investment advisor I recommend avoiding the purchase of a Premium Bond in todays interest rate market. We are in a financial world where interest rates are sure to rise, and when they do the yield on a Premium Bond will be less than favorable.

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premium auditor National Savings and Investments