Premium Bond
（重定向自Electronic Random Number Indicator Equipment）
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![Similar prize schemes operate in other countries, for instance this Premium Prize Bond certificate from India.](/Images/godic/202501/11/India_1964_Premium_Prize_Bond_certificate3720.jpg")
![ERNIE 1.](/Images/godic/202501/11/ERNIE1_20123720.JPG")
A Premium Bond is a lottery bond issued by the United Kingdom government's National Savings and Investments agency. The bonds are entered in a regular prize draw and the government promises to buy them back, on request, for their original price. The bonds were introduced by Harold Macmillan in 1956.