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Premium Bonds

Asked by Alex MayerLabourTreasuryTabled Answered 14 October 2024UIN 6920

The question

To ask the Chancellor of the Exchequer, how many and what proportion of all purchases of premium bonds made in the last financial year were under the value of (a) £100, (b) £1000 and (c) £10,000.

Answered by Tulip Siddiq

According to National Savings and Investments (NS&I), in the 2023/24 there were:

  • 4,520,011 Premium Bonds sales under the value of £100, which equates to 32.3% of all Premium Bonds sales.
  • 10,344,803 Premium Bonds sales under the value of £1,000, which equates to 74.0% of all Premium Bonds sales.
  • 12,991,219 Premium Bonds sales of under £10,000, which equates to 97.4% of all Premium Bonds sales.

This does not include the value of any prizes that were reinvested into Premium Bonds.

Further information on investments received in 2023/24, across NS&I’s products, can be found in its latest Annual Reports and Accounts published earlier this year.

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