{"id":1704,"date":"2016-07-29T01:19:17","date_gmt":"2016-07-29T01:19:17","guid":{"rendered":"http:\/\/asadkarim.co.uk\/?p=1704"},"modified":"2016-07-08T14:20:19","modified_gmt":"2016-07-08T14:20:19","slug":"how-much-money-is-invested-in-premium-bonds-in-july-2016","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=1704","title":{"rendered":"How much money is invested in Premium Bonds in July 2016?"},"content":{"rendered":"

National Savings and Investments is an executive agency of HM Treasury.<\/p>\n

www.nsandi.com<\/a><\/p>\n

One can calculate from the published data how much money is actually invested with National Savings and Investments<\/p>\n

http:\/\/www.nsandi.com\/prize-checker<\/a><\/p>\n

In July 2016 we had about \u00a364m of prize money and about 2m actual prizes that made up the \u00a364 prize pool and the odds of winning in the prize draw are 30,000 to 1.(0.00003333333333333330)
\nTotal Number of Bonds = Total Number of Prizes \/ Odds for the draw<\/p>\n

Thus:<\/p>\n

Total Number of Bonds = 2,000,000 \/ 0.00003333333333333330<\/p>\n

60,000,000,000 are the total number of bonds.<\/p>\n

Now each Bond is worth \u00a31.<\/p>\n

Thus we been able to calculate that total value invested with National Savings and Investments is \u00a360 Billion<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

National Savings and Investments is an executive agency of HM Treasury. www.nsandi.com One can calculate from the published data how much money is actually invested with National Savings and Investments http:\/\/www.nsandi.com\/prize-checker In July 2016 we had about \u00a364m of prize money and about 2m actual prizes that made up the \u00a364 prize pool and the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1704","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1704"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1704\/revisions"}],"predecessor-version":[{"id":1705,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1704\/revisions\/1705"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}