§ Mr. DowdTo ask the Chancellor of the Exchequer what is the total amount of all unclaimed premium bond prizes for each of the past five years.
§ Mr. NelsonA premium bond prize is deemed to be unclaimed when it has been outstanding for 18 months since the draw in which it was issued. The latest figure, therefore, is for prizes unclaimed up to and including the October 1991 prize draw. All the figures below are cumulative from the first prize draw in June 1957.
Number Value £ October 1991 194,321 10,879,300 October 1990 174,954 9,859,150 October 1989 150,575 8,601,050 October 1988 127,050 7,404,200 October 1987 105,708 6,271,525 From June 1957 to October 1991, 38,549,293 prizes were issued to the value of £2,256,469,600. Prizes on the unclaimed list therefore represent 0.5 per cent. by number and 0.48 per cent. by value.