Bonus Bonds!

[Michael Alexander]

How many of you or your parents were involved in buying Bonus bonds? A form of Government approved gambling...My old lady used to have those Bonus Bond wallets, the blue ones....

[georg ruf jr.]

and they're worthless today? Or are you wanting to swap for Eskom.....  :emot19:

[SandyB]

I  recall  them  so  well  . it was  one  way in  which  I  could save .. the  prospect  of  winning  a  prize  was  the  carrot .. I think  they  also  had  a  token   interest  rate  attached  as  well ..  its  pretty  much  like  the  FNB Million  a  month  account ,  also  a  token  interest  rate   , 32 day call  but  with the  prospect  of  a  whopping prize  ..  but  anyhow  even  if  you  won  50 000  its better than  wining nothing  hey  ?? ..
Anyhow I recall  when  I  was  buying  the  first house   in  the  early 80's   that R 3000  that I  had  in Defence bonus bonds  came  in handy  ,, I  cashed  them  in  and used  as  part of  down  payment  for  house ..  I  remember there  was  a  big  information  drive  when  they were  about to  be discontinued   to inform people  that they  had to  cash  them  in  or  else  they  would  become  worthless ...........

[Michael Alexander]

I don't suppose anyone might have one? Scan an image and post it ?

[Michael Alexander]

... found one...