PREMIUM BONDS WINNERS IN CUMBRIA AND OUTER LONDON

The £1 million Premium Bonds jackpot prize winners in August 2020 are a woman from Cumbria and a man from Outer London. The first £1 million prize, Bond number: 174SW095381 belongs to a woman from Cumbria. She purchased the winning Bond in November 2010 and has a total of £5,900 in Premium Bonds. She becomes the seventh Premium Bonds millionaire winner in Cumbria, with the previous jackpot win in the region in November 2019.

NS&I 2020-21 NET FINANCING TARGET REVISED TO £35 BILLION AND NS&I ISSUES PROVISIONAL Q1 2020-21 RESULTS

HM Treasury has today confirmed that NS&I’s Net Financing target for 2020-21 has been revised from £6 billion (+/- £3 billion) to £35 billion (+/- £5 billion) to reflect government finance requirements arising from Covid-19. NS&I’s Annual Report & Accounts 2019-20, published on 23 June 2020, stated that NS&I’s £6 billion Net Financing target announced in the March 2020 Budget would be subject to in-year revision. Today’s new target may be subject to further revision during the…

NS&I ANNUAL REPORT 2019-20

NS&I delivered £11.6 billion of Net Financing to the Government in 2019-20 and in total, met 9 out of 11 of its Service Delivery Measures (SDMs). Attracting younger savers : NS&I has increased the number of its active customers under the age of 16 by more than 90,000. Premium Bonds : more than 94,000 customers have invested at the new minimum investment amount of £25 since it was lowered from £100 in February 2019. Business- to-business services :

PREMIUM BONDS WINNERS IN INNER LONDON AND GLOUCESTERSHIRE

The £1 million Premium Bonds prize winners for May come from Inner London and Gloucestershire. May’s first millionaire is a man from Inner London. His winning Bond number is 344ZE146007 and he has the maximum Premium Bond holding of £50,000. The winning Bond was purchased in November 2018. The win makes the man the fifth Premium Bonds millionaire from Inner London.

NS&I SUPPORTS SAVERS IN THIS UNPRECEDENTED TIME

Planned interest rate reductions on NS&I variable rate products, including Premium Bonds, will not now be implemented. The cancellation of these interest rate reductions will support savers during the coronavirus pandemic. Customers do not need to take any specific action as a result of this announcement. NS&I is urging customers to go online to nsandi.com if they wish to invest or if they need help to manage their savings during the coronavirus pandemic.