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Mr. Onslow
asked the Chancellor of the Exchequer if he will amend the regulations governing the purchase of premium bonds in such a way as to enable godparents to buy bonds for their godchildren.
Mr. Ian Stewart
There are no plans for this, but the Department of National Savings is about to put on sale a new range of gift tokens, including three designs for premium bonds, which will help godparents to give presents to their godchildren which can be exchanged for premium bonds at post offices.