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Premium Bonds

Volume 226: debated on Monday 7 June 1993

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To ask the Chancellor of the Exchequer what is the total amount of all unclaimed premium bond prizes for each of the past five years.

A premium bond prize is deemed to be unclaimed when it has been outstanding for 18 months since the draw in which it was issued. The latest figure, therefore, is for prizes unclaimed up to and including the October 1991 prize draw. All the figures below are cumulative from the first prize draw in June 1957.

NumberValue £
October 1991194,32110,879,300
October 1990174,9549,859,150
October 1989150,5758,601,050
October 1988127,0507,404,200
October 1987105,7086,271,525
From June 1957 to October 1991, 38,549,293 prizes were issued to the value of £2,256,469,600. Prizes on the unclaimed list therefore represent 0·5 per cent. by number and 0·48 per cent. by value.