314 Why YOU SHOULD BUY DEFENCE BONDS The Bonds are repayable at par ten years after the date of purchase plus premium of £1 per cent. They may be cashed at par on six months' notice. Defence Bonds can be bought in multiples of £5. The interest of 21/2% p.a. is paid half-yearly. They can be bought at any Bank, at most Post Offices or through your stockbroker. Defence Bonds can be held by any person in his private capacity; by parents or guardians on behalf of children under seven years of age; by trustees; by Limited Companies; by Charitable Bodies, Friendly Societies and Corporate Bodies generally.