In the U.S. in 2015, it ranked 197 in baby name popularity for girls with 1,651 occurrences. Less than 5 boys were given the name. In contrast, the year before it ranked 159 in baby name popularity for girls with 2,053 occurrences. Less than 5 boys were given the name.
DEFINITION of 'Premium Bond'. 1) A bond that is trading above its par value. A bond will trade at a premium when it offers a coupon rate that is higher than prevailing interest rates. This is because investors want a higher yield, and will pay more for it.2) A specific type of bond issued in nations such as the United Kingdom and Canada. bond will trade at a premium when it offers a coupon rate that is higher than prevailing interest rates. This is because investors want a higher yield, and will pay more for it.
Bonds are very sensitive to changes in interest rates. If you plan to buy and sell bonds on the secondary market, you will need to watch interest rates very carefully. This is because interest rates, more than anything else, determine the prices of bonds. As an educated investor, you need to understand bond market interest rates and how they affect bonds prices of both original issue and secondary market bonds. Next: Interest Rates and Bond Pricing >>.