Interest Rate change for Prize Bonds announced
On 28th July 2017, the NTMA announced a reduction in the rate used to calculate the monthly prize fund from 0.85% to 0.50%. The weekly prize structure from August 2017 is as follows:
€1 Million Prize awarded on the last draw of June and December
€50,000 awarded each week, other than when the €1 Million prize is awarded
€1,000 x 10 prizes
€500 x 10 prizes
€50 x over 3,500 prizes
With Prize Bonds you are eligible to win not just once, but every week.
Prize Bonds are an integral part of the wider range of NTMA State Savings products offered to personal savers by the National Treasury Management Agency (NTMA). When you save with NTMA State Savings products you are placing your money directly with the Irish Government. State Savings forms part of the sovereign debt of Ireland which is managed by the NTMA. The repayment of all NTMA State Savings money is a direct, unconditional obligation of the Government.