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.
Although semiannual interest payments made until a scheduled date of maturity are typical for bonds, bond issuers pay interest in other ways as well. For instance, some bonds make interest payments monthly or quarterly. Zero-coupon bonds, such as U.S. savings bonds, do not make scheduled interest payments. Instead, the bond issuer pays all of the accumulated interest at the time that the bond matures, along with the principal.