Premium bonds cost more than their face value due to higher interest rates or the issuer's improved credit rating. Investors must analyze if the extra interest from the premiums outweighs the added ...
RiverNorth Flexible Municipal Income II (RFMZ) underperforms in CEF strategies and income yield. Read here for an investment ...
Bonds bought above face value add cost paid as "unamortized bond premium." Reduce premium annually to align bond's book value with redemption value at maturity. Consult tax advisor on premium tax ...
I rate Western Asset Infl-Linked Opps & Inc Fd a Buy for income-focused investors seeking an 8.74% yield and monthly distributions, trading at an 11.5% discount to NAV. The fund’s high ...
A new financial year is almost upon us and what better way to start than with a premium bond win. Two lucky holders are now £1m better off after their numbers came up in the monthly draw. And for ...
This is Money asked five savings experts to give their verdict on whether the maximum Premium Bonds allowance should be increased. James Blower, founder of savings website the Savings Guru says: 'In ...