Author Topic: One Thing We Can Do For Ireland  (Read 313 times)

barryqwalsh

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One Thing We Can Do For Ireland
« on: October 18, 2014, 01:52:54 AM »
Prize Bonds are interest-free loan to the Irish Minister for Finance. The interest is distributed in the form of prizes. It wouldn't solve Ireland's economic issues, it is a step in the right direction. Do you have Prize Bonds?



A Prize Bond is a lottery bond, a non-interest bearing security issued on behalf of the Irish Minister for Finance by the Prize Bond Company Limited. Funds raised are used to offset government borrowing and are refundable to the bond owner on demand. Interest is returned to bond owners via prizes which are distributed by means of random selection of bonds.

Irish Prize Bonds
https://en.m.wikipedia.org/wiki/Prize_Bond