November 1st, 1956
Premium Bonds went on sale for the first time. Launched by Chancellor of the Exchequer Harold MacMillan at a ceremony in Trafalgar Square, the aim of the scheme was to control inflation and encourage saving. Around £5 million worth of Bonds was sold on the first day, with the first winner drawn in June the next year.
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Today, around 40 per cent of the population hold Premium Bonds and one is sold every ten seconds.
Picture: NS&I
