Purchase of premium (Prize) bonds in other EU states? Are there German/French etc ?

worded

Found this ..
https://www.irishtimes.com/business/purchase-of-premium-bonds-in-other-eu-states-to-be-permitted-1.926193

So we all know ..

Irish Prize bonds
https://www.statesavings.ie/prize-bonds

Then there are UK ones - Premium Bonds (I have a few)
https://www.nsandi.com/

But are there German ones? French ones? etc ..

Can anyone find any www links?

dxhound2005

I often saw links to products called Prize Bonds from Pakistan and South Africa, but not any from Europe. Premium Bonds are due a hit from the low interest rates. I put the text from the Financial Times, because the link would probably convert to a paywall one.

© FINANCIAL TIMES

Katharine Gemmell YESTERDAY
National Savings & Investments, the state-backed savings provider, will slash the odds of winning a cash prize on Premium Bonds and reduce interest rates across its fixed and variable savings products.

Nearly 175,000 cash prizes will be removed from its monthly draw from May, reducing the effective interest rate from 1.4 to 1.3 per cent.

In the latest blow to savers, NS&I blamed the changes on “exceptionally low gilt yields” following a global bond market rally. 

Although the two £1m jackpot prizes will remain, the number of £100 and £50 prizes in the monthly Premium Bond prize draw will be halved. Savers will only have five chances of winning £100,000, and the numbers of prizes worth £50,000, £25,000, £10,000 and £5,000 have all been reduced.

Currently, the odds of any £1 bond number winning any prize is one in 24,500. This will decrease to one in 26,000 after the changes are implemented.

NS&I said that interest rates would also be cut across its savings range including Guaranteed Growth and Income Bonds, the Direct Saver, Investment Account and Income Bonds will also see rates cut.

About 25m Britons hold savings products with NS&I, which are fully backed by the UK Treasury. UK adults can hold up to £50,000 each in Premium Bonds, and any prizes are tax free. 

worded

NZ Bonus Bonds. Don’t know if they can be bought outside of NZ

http://www.bonusbonds.co.nz/faqs.html

Hibernicis

worded wrote: »

NZ Bonus Bonds. Don’t know if they can be bought outside of NZ

http://www.bonusbonds.co.nz/faqs.html

Note that that is a scheme run by a bank (ANZ) and not a state scheme. There are no state or other guarantees:

While Bonus Bonds was established in 1970, it transitioned to a managed investment scheme in 1990 following the sale of the Post Office Bank Limited to ANZ Bank New Zealand Limited.

Investments in the scheme are not deposits in ANZ Bank New Zealand Limited, Australia and New Zealand Banking Group Limited, or their subsidiaries (together ANZ Group), nor are they liabilities of ANZ Group. ANZ Group does not stand behind or guarantee the scheme. Investments are subject to investment risk, including possible delays in repayment, and loss of income and principal invested. ANZ Group will not be liable to you for the capital value or performance of your investment.
Your investment in the scheme is not guaranteed by ANZ Group, Trustees Executors Limited, any of their directors or any other person.

worded

Hibernicis wrote: »

Note that that is a scheme run by a bank (ANZ) and not a state scheme. There are no state or other guarantees:

Interesting ... so not state guaranteed like UK and Ire.

I’m trying to find out now if anywhere else in Europe has one like Ire and UK.

Thanks

dxhound2005

Wikipedia has details of two products called Lottery Bonds and Prize-Linked Savings Accounts.

https://en.wikipedia.org/wiki/Lottery_bond

https://en.wikipedia.org/wiki/Prize-linked_savings_account

worded

Thats interesting in the states, savings with a lottery twist
https://en.wikipedia.org/wiki/Prize-linked_savings_account

There doesnt seem to be anything outside Europe bar Ire and UK