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.
BREAKING DOWN 'Premium Bond'. For example, if a bond has a 7% coupon at a time when the prevailing interest rate is 5%, investors will bid up the price of the bond until its yield to maturity is in line with the market interest rate of 5%.EFINITION 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.