Sales of prize bonds soar to over €133m in 2005

PRIZE bond sales now exceed €133 million a year, according to the Prize Bond Company.

A 5.7% increase in prize bond sales in 2005 saw sales exceed €133m in value, according to the annual report of The Prize Bond Company. A total of €561.5m was invested in bonds at the end of 2005, representing an 11% rise on the previous year.

In terms of prizes, some 130,000 were issued to customers over the year, with an aggregate value of €12.7m — showing a 12.7% increase on 2004 levels. There was also continued growth levels in online sales through the www.prizebonds.ie website. These showed a rise of almost 60% on the previous year.