Prize bonds

A poor return

A chara, – At 0.35 per cent, our National Treasury Management Agency (NTMA) payout to prize bond winners is about a tenth of the UK premium bond rate of 3.7 per cent.

As they don’t appear to be even slightly interested in competing for new customers, or retaining existing ones, there must be some other measure in use to evaluate the NTMA annual performance.

Let’s hear it. – Yours, etc,

LIAM PLUCK,

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Enniskerry,

Co Wicklow.