National Savings encompass a wide range of savings schemes for personal savers, administered by National Savings and Investments (NS&I), a government agency established in 1969 as the Post Office Savings Department. These schemes include premium bonds, income bonds, and Children's Bonds, alongside other savings products like ISAs and Easy Access Savings Accounts.
Premium bonds are a type of bond that is issued above its face value, representing a higher initial cost but typically offering special advantages or potential higher returns.
A comprehensive overview of Premium Bonds, which are bonds sold at a price above their face or redemption value, along with tax amortization details.
A comprehensive guide to understanding bond discounts, including definitions, examples, and comparisons with premium bonds.
