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.
Interest rates and bond prices have an inverse relationship. What if rates go up? Now let's suppose that later that year, interest rates in general go up. If new bonds that cost $1,000 are paying an 8% couponâor $80 a year in interestâbuyers will be reluctant to pay the $1,000 face value for your 7% ABC Company bond.