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Bonus Bonds looks to future as 500th prize draw lifts payouts past $2bn

Monday 12 December 2011, 2:43PM

By ANZ Championship

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As prize payouts hit a milestone of $2 billion after 500 monthly draws, Bonus Bonds is focussing on maintaining an attractive prize offering despite the growing challenges
posed by lower returns on investments globally.

Commenting on the eve of Bonus Bonds’ 500th monthly prize draw, Head of Bonus Bonds
Glenn Stevenson said the current investment environment was making it more
challenging than ever to maintain attractive returns.

“For over 40 years, Bonus Bonds has held a unique place in the New Zealand financial
scene, awarding millions of prizes worth over $2 billion, while investing in low-risk
deposits. Bondholders tell us this unique offer of potentially life-changing prizes is the
key to their enduring attraction to Bonus Bonds.”

Bonus Bonds currently awards more than 200,000 cash prizes every month – including
no less than one $1 million prize, two $100,000 prizes and three $50,000 prizes, plus
multiple prizes of $20 to $5,000.

Glenn Stevenson adds: “We are now in a lower interest rate investment environment.
But we are committed to maintaining an attractive prize offering by continuing to invest
in a variety of low-risk interest-bearing deposits and bonds, which have long formed the
core of the Bonus Bonds portfolio.

“In this way we will ensure that future investors can continue to share in the unique
opportunity provided by Bonus Bonds, to save and have chances to win life-changing tax-
free cash prizes.”

ANZ National Bank Ltd, a subsidiary of Australia and New Zealand Banking Group Limited

Bonus Bonds Fact file

  • Bonus Bonds has held a unique place in the New Zealand financial scene for over 40 years, awarding millions of prizes over that period totalling over $2 billion
  • Bonus Bonds currently awards more than 200,000 cash prizes every month –including no less than one $1 million prize, two $100,000 prizes and three $50,000 prizes
  • Tuesday 13th December will mark the 500th Bonus Bonds prize draw, with the creationof another monthly millionaire
  • Bonus Bonds winning numbers are drawn at random by ELSIE (Electronic Selection Indicator Equipment). Elsie is a computer that used to fill a small room in 1970, but is now a far less spectacular (but much more user-friendly) desktop computer
  • The youngest winner of the Bonus Bonds $1 million prize was six years old

 

Minimum purchase of $20 applies. Bonus Bonds are eligible to win prizes after they’ve been held for one complete calendar month following the date of purchase. Prize payout amounts are subject to change. The mix and number of prizes in a month may vary. The mix of major prizes will include no less than one $1 MILLION prize, one $100,000 prize and one $50,000 prize. Bonus Bonds are units in the Bonus Bonds Trust and are not deposits or other liabilities of ANZ National Bank Limited. The principal and returns of Bonus Bonds are not
guaranteed and are subject to investment risk. A copy of the registered prospectus and Bonus Bonds terms and conditions are available at bonusbonds.co.nz, an ANZ branch or your local PostShop. ANZ Investment Services (New Zealand) Limited is the manager and promoter of the Bonus Bonds Trust.