The government will be unable to borrow extra funds to meet its obligations, including interest payments to bondholders, unless Congress suspends or raises the debt ceiling. That would very certainly result in a default. Investors who own U.S. debt, such as pension funds and banks, may go bankrupt. Hundreds of millions of Americans and hundreds […]

Bond sales are one way for governments and businesses to raise funds. Borrowing becomes more expensive for them when interest rates rise, resulting in higher-yielding debt issuances. At the same time, demand for existing lower-coupon bonds will decline (causing their prices to drop and yields to rise). When interest rates rise, what happens to bonds?

Don’t do anything. Until the bond matures, it will continue to receive interest. Our office will hold semi-annual interest payments and pay them when the bond is cashed. Reissue: Have the bond reissued in the name of the survivor. A coowner or beneficiary may be added to the bond by the new owner. Along with

When a Premium Bond holder passes away, the estate executor has the option of cashing the investment or keeping it in place. If the Premium Bonds are not cashed within the first 12 months, they are entered into the prize draw as usual. A nominated individual or the executor of the estate can claim any

When a Premium Bond holder passes away, the estate executor has the option of cashing the investment or keeping it in place. If the Premium Bonds are not cashed within the first 12 months, they are entered into the prize draw as usual. A nominated individual or the executor of the estate can claim any

When a Premium Bond holder passes away, the estate executor has the option of cashing the investment or keeping it in place. If the Premium Bonds are not cashed within the first 12 months, they are entered into the prize draw as usual. A nominated individual or the executor of the estate can claim any

Premium Bonds might be a unique gift for a child under the age of 16. Regardless of who purchased the Bonds, the parent or guardian specified on the application is responsible for them until the kid turns 16. Until the child turns 16, we’ll email confirmation of any transactions performed, prizes earned, and payment for

Please return the prize warrant to us, and once we’ve completed the claim, we’ll reissue it to the person who is entitled to the money. We’ll also keep any other prizes the consumer wins until the claim is finalized. Then, after each prize draw, we’ll send any future prizes earned by warrant (like a check)

Please return the prize warrant to us, and once we’ve completed the claim, we’ll reissue it to the person who is entitled to the money. We’ll also keep any other prizes the consumer wins until the claim is finalized. Then, after each prize draw, we’ll send any future prizes earned by warrant (like a check)

Fraudsters may call or send phishing emails to consumers posing as ANZ or Bonus Bonds employees in order to steal personal information or get access to clients’ bank accounts or Bonus Bonds payouts. Go to ANZ Internet Banking by clicking on a link. Always use the address bar to access ANZ Internet Banking by typing