ANALYSIS: Nobody should mourn the end of Bonus Bonds. In the 12 months to the end of March 2019, Bonus Bonds paid out $39.6 million in prizes on the $3.3 billion of $1 Bonus Bonds on issue. At the end of March last year, there were just over 3.3b Bonus Bonds on issue. Bonus Bonds used to be heavily advertised, but in recent years advertising spend had been cut back. The giant Bonus Bonds fund had around $56m of reserves at the end of March last year.
Source: Stuff August 25, 2020 23:28 UTC