Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Niche FX crosses pop up in mutual fund options activity
    • United Capital targets five mutual funds through new West African subsidiary, reveals expansion plan 
    • ICB Asset funds sink into losses, fail to pay dividend
    • BCDA approves P53.5B in investments, expects to create over 6,500 jobs
    • Best HDFC mutual funds: 5 top-rated schemes with up to 105% absolute returns in 3 years – Money News
    • US Silicon Valley: How Nigerian tech talents can attract global funds — Chris Burry
    • Mutual Funds see 1.67 crore SIP additions in June quarter; Groww leads with 42 lakh
    • 15 Make-Ahead Pitcher Cocktails to Sip All Summer
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Bonds»Somerset person nets £100,000 in August premium bonds
    Bonds

    Somerset person nets £100,000 in August premium bonds

    August 7, 2025


    National Savings and Investment (NS&I) has announced the August 2025 winners, which include both a person from Somerset and a person from Avon, netting a £100,000 prize.

    Only two lucky winners get to claim the top million-pound prize, with the first being claimed by a winner from Central Bedfordshire with the bond number 148YD123622. The second Premium Bond winner to claim £1 million is from overseas with the bond number 205XQ030808.


    READ MORE: Mystery Somerset man wins Set for Life lottery draw

    READ MORE: Somerset woman wins £100,000 on National Lottery Instant Win Game


    The Somerset owner’s winning bond was valued at £45,000 and was purchased in May 2024 with an overall holding of £7,000.

    Winning £100,000 Premium Bonds isn’t an easy feat, and it is, in fact, the second-best prize you can win after the £1million. This month, 68 people won £100,000 in Premium Bonds.

    Someone from Somerset was one of 68 people who won £100,000 this month. (Image: NS&I)

    What are Premium Bonds?

    Premium Bonds don’t earn interest. Instead, there’s an annual prize fund rate that funds a monthly prize draw for tax-free prizes.

    The NS&I (National Savings and Investments) said: “Remember that inflation can reduce the true value of your money over time. The prize fund rate is variable, so it can change at any time.”

    There’s a total of 2.5m unclaimed prizes from last month – with 11 £100,000 prizes, 19 £50,000 prizes, 38 £25,000 prizes and 75 prizes of £10,000.

    NS&I said that in the financial year 2024-25, more than £166 million was reunited through 52,693 NS&I accounts for holders who had lost touch with their savings and investments, thanks to NS&I’s tracing service and My Lost Account.

    Think you may have won? You can check your numbers here.

    Andrew Westhead, NS&I’s retail director, says: “These figures are a timely reminder to update your details, talk to your loved ones about your savings and make sure your money stays firmly in your hands, both now and in the future.”

     

    Premium Bond prizes are considered by NS&I to be “unclaimed” after 18 months, but there is no time limit to claiming them.

    NS&I defines unclaimed assets as holdings in closed products and assets kept in open products where there have been no customer financial transactions for a period of 15 years or more.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Azalea’s Astrea 9 bonds over 3 times subscribed, draw more than S$3.4 billion in demand

    August 7, 2025

    China’s VAT on Bond Interest to Drive Shift to Stocks, Older Bonds, HK Debt

    August 7, 2025

    Approval of Share Subscriptions Based on Special Rights in connection with Advanced Amortisation of the First Tranche Bonds

    August 6, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Niche FX crosses pop up in mutual fund options activity

    August 7, 2025

    Qu’est-ce qu’un green bond ?

    December 7, 2017

    les cat’ bonds deviennent incontournables

    September 5, 2018

    ETF : définition et intérêt des trackers

    May 15, 2019
    Don't Miss
    Mutual Funds

    Niche FX crosses pop up in mutual fund options activity

    August 7, 2025

    Niche FX crosses pop up in mutual fund options activity – Risk.net Skip to main…

    United Capital targets five mutual funds through new West African subsidiary, reveals expansion plan 

    August 7, 2025

    ICB Asset funds sink into losses, fail to pay dividend

    August 7, 2025

    BCDA approves P53.5B in investments, expects to create over 6,500 jobs

    August 7, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Key mutual fund trends observed in May 2025

    June 17, 2025

    Emerging market funds adjust bets as ‘sell the dollar’ trade loses appeal

    August 4, 2025

    Concord returns to raise $850 million to refi music royalty bonds

    October 16, 2024
    Our Picks

    Niche FX crosses pop up in mutual fund options activity

    August 7, 2025

    United Capital targets five mutual funds through new West African subsidiary, reveals expansion plan 

    August 7, 2025

    ICB Asset funds sink into losses, fail to pay dividend

    August 7, 2025
    Most Popular

    ₹10,000 monthly SIP in this debt mutual fund has grown to over ₹70 lakh in 23 years

    June 13, 2025

    ₹1 lakh investment in these 2 ELSS mutual funds at launch would have grown to over ₹5 lakh. Check details

    April 25, 2025

    ZIG, BUZZ, NANC, and KRUZ

    October 11, 2024
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.