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| | MONEYWEB - Solid information for the layman, speculations and fun for the professional and informed investor. Huge ... (Site not responding. Last check: 2007-11-07) |
 | | With Premium Bonds however this is considered rather dull, and so instead of each Bond Holder getting a few pence per pound the "interest" is divided into prizes that range from £50 to £1,000,000 and a random selection of Bond Holders win prizes, while others get nothing. |
 | | Bonds can be bought by people over 16 for themselves, but only for children by their parents, guardians, grandparents or great grandparents. |
 | | Premium Bonds must be cashed in if their owner dies, (though they do remain valid for 12 months after death to allow for the estate to be sorted out). |
| www.moneyweb.co.uk /products/investment/natsav/premiumb.html (515 words) |
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