From: "Bruno" 
Newsgroups: uk.finance
Subject: Re: Premium Bond Diary update - May 2005
Date: Sat, 4 Jun 2005 18:18:01 +0100


"JF"  wrote in message 
news:hIK6EDCwZdoCFwG2@marage.demon.co.uk...
> In message <6Aeoe.7224$%21.3898@newsfe2-gui.ntli.net>, John Smith 
>  writes
>
>>At the end of November 2003 I withdrew 30,000 from my Halifax account and
>>invested it in Premium Bonds. My aim being to see if I could get a better
>>'return' from the Bonds than from the interest I was receiving from the
>>Halifax.
>
> You can expect around a four per cent return. IIR, there was a treasury 
> raid on prize money about three years ago which knocked the return down 
> from around six per cent.

National Savings quote a return of 3.2% APR
bought 2 X £30k at the end of may so I will hanging around the letter box 
come July
Had a few 2/ 3 years ago, we tended to get any winings around the mid of the 
month.

I must say, in mine and others experinece I have noted that we seem to do 
very well at first then things drop off after a while
A friend of mine cash's in once a year then buys back straight away  so as 
to shuffle then up a bit

I will post here my winnings ( fingers crossed )

Bruno
>