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.
Government bonds typically pay interest twice annually, other types of bonds pay interest more regularly. Interest payments are received by the mutual fund company that manages the bond fund and passed on to shareholders monthly.