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Glossary   >   B   >   "Baby bond" Definition            Baby bond Children"s bonus bonds, often nicknamed baby bonds, are friendly society policies allowing tax-free saving for the under-18s. Maximum investment is Ј25 a month. The bond must be held for at least 10 years in order to retain its tax-free status and obtain full benefits. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Baby bond - Children"s bonus bonds, often nicknamed baby bonds, are friendly society policies allowing tax-free saving for the under-18s. Maximum investment is Ј25 a month. The bond must be held for at least 10 years in order to retain its tax-free status and obtain full benefits.