Surge in investments in prize bonds

More people are investing in prize bonds as interest rates remain low for savers. In the first six months of this year, €130 million was invested in the State bonds, which are administered by a Killorglin-based financial services company. Fexco also has responsibility for the issuing of prizes on behalf of the State. Fexco sign   The value of the State-run fund now stands at €2.3 billion, new figures from the National Treasury Agency reveal.