What is the current value of Prize Bond Fund and how is it calculated?

The National Treasury Management Agency (NTMA) sets the variable percentage rate used to calculate the prize fund. Effective from August 2017 this variable percentage rate is set at 0.50% of the total value of Prize Bonds outstanding.

At the end of December 2017, the value of Prize Bonds fund was €3.1 billion. The value of the prize fund is recalculated at the end of every month, in line with the monthly net sales of Prize Bonds.

See the current Prize Structure here.