Latest news

Q3 2020-21 Net Financing of -£9.5 billion (minus £9.5 billion) At 31 December 2020, Net Financing total of £28.8 billion, against a whole-year target of £35 billion, in a range of £30 billion to £40 billion NS&I today published its unaudited quarterly results for the third quarter (October-December 2020) of the financial year 2020-21. Net Financing for the quarter was -£9.5 billion, giving a year-to-date total of £28.8 billion.

The first Premium Bonds millionaires of 2021 come from West Scotland and Barnet. 330VT557685 was the first Bonds number drawn and belongs to a woman from West Scotland. Her winning Bond was purchased in May 2018 and is part of a £50,000 holding. The Premium Bonds jackpot win makes the woman the second winner from West Scotland. 2021’s second Premium Bonds millionaire is a woman from Barnet. Her Bond number 135RY390643 is part of a £20,000 holding and was purchased in January 2008. The win…

NS&I has today announced that it will delay the phasing out of Premium Bonds prize warrants (like a cheque) until the spring of 2021, because of the difficulties some customers have had when trying to register their bank account details. Previously, NS&I was due to begin phasing out the use of Premium Bonds prize warrants from the December 2020 prize draw, with the last prize warrants being sent in February 2021; however, this will now be delayed.

December’s Premium Bonds millionaires come from Manchester and South Gloucestershire. The first Bond number to be drawn was 398MV229074 and belongs to a woman from Manchester. She holds £30,010 in Premium Bonds and her winning Bond was purchased in June 2020. The win makes her the fourth Premium Bonds millionaire from Manchester.

November’s £1 million Premium Bonds winners are from Devon and West Sussex. The first Bond number drawn was 207RY321077 and belongs to a woman from Devon. She has £39,375 in Premium Bonds and the winning Bond was purchased in June 2013. The win makes her the 15th Premium Bonds millionaire from the county.

Q2 2020-21 Net Financing of £23.8 billion Half-year Net Financing total of £38.3 billion, against a whole-year target of £35 billion, in a range of £30 billion to £40 billion NS&I today published its unaudited quarterly results for the second quarter (July-September 2020) of the financial year 2020-21. NS&I delivered £23.8 billion of Net Financing in Q2 2020-21, giving a year-to-date total of £38.3 billion.

October’s £1 million Premium Bonds winners are a man from Kent and a woman from Humberside. 298BE137181 was the first Bond number drawn and belongs to a man from Kent. He has a total Premium Bonds holding of £50,000 and the winning Bond was purchased in March 2017. The win makes the man the 22nd Premium Bonds £1 million winner from Kent.

NS&I must strike a balance between the interests of savers, taxpayers and the broader financial services sector. Changes will ensure NS&I’s interest rates are aligned appropriately against those of competitors. Interest rate reductions will apply to variable rate and some fixed term savings products, effective from 24 November 2020 – with changes to the Premium Bonds prize-fund rate effective for the December 2020 prize draw. NS&I today announced interest rate reductions,…

Premium Bonds paper prize cheques will be phased out from December 2020. Premium Bonds holders that still receive paper warrants need to take action to ensure they continue to automatically receive payment of their prizes. Customers can also choose to have prizes reinvested into more Premium Bonds, giving them more chances of winning prizes in future draws. Customers will receive prizes more quickly, more easily and more securely. Almost three quarters (74%) of Premium Bonds prizes are…

After the launch of Premium Bonds in November 1956, savers across the nation waited with bated breath for the first draw in June 1957. Ever since then, ERNIE has randomly generated numbers, sharing out millions of tax-free prizes both large and small. Higher value prizes can sometimes feel out of reach for savers with more modest holdings, but each £1 Bond has an equal chance of winning, no matter where or when it was first bought. The most recent draw in September 2020 proved that sometimes…