Premium Bonds – 2024: a year in figures
As the year draws to a close, 2024 has proven to be a bumper year for Premium Bonds, with ERNIE drawing close to 71 million winning numbers.Here's what 2024 looked like for Premium Bonds:
New Issues of 2- and 3-year British Savings Bonds
New Issues of NS&I’s 2- and 3-year British Savings Bonds go on sale todayNew rates reflect changes in the wider marketNew Issues of 2- and 3-year British Savings Bonds have gone on sale today, 3 December 2024 with lower interest rates, reflecting changes in the wider market. The changes will help NS&I to meet its Net Financing target while continuing to balance the interests of savers, taxpayers and the broader financial services sector.
£1 million tax-free win for two Premium Bonds holders from Kent and Cumbria
• Christmas celebrations for December’s Premium Bonds jackpot winners from Kent and Cumbria • Over 5.8 million prizes awarded in December, with a total prize fund exceeding £441 million The festive season is starting early for two Premium Bonds holders from Kent and Cumbria who are each unwrapping a £1 million tax-free Premium Bonds prize.There were over 5.8 million prizes in December’s draw, with a total prize fund of more than £441 million.
New rates for Premium Bonds, Direct Saver and Income Bonds
Premium Bonds prize fund rate will be 4.00% from the January 2025 drawReduced rates for Direct Saver and Income Bonds from 20 December 2024The prize fund rate for Premium Bonds will change to 4.00% from the January 2025 draw, with the odds remaining at 22,000 to 1, NS&I announced today in response to changes in the savings market.Additionally, from Friday 20 December 2024, the interest rate for Direct Saver will change to 3.50% gross/AER, and Income Bonds to 3.44% gross/3.49% AER.
Two Premium Bonds holders from Warwickshire and Cornwall celebrate £1 million jackpot win
Premium Bonds celebrates 68-year anniversary since going on saleNovember's jackpot winners are from Warwickshire and CornwallOver six million prizes awarded this month, with a total prize fund of more than £463 millionNovember's Premium Bonds draw delivers £1 million jackpot joy to two Bond holders in Warwickshire and Cornwall.There were over six million prizes in November's draw, with a total prize fund of more than £463 million.
NS&I delivers £3.3 billion of Net Financing to the Government in the first half of 2024-25
NS&I delivered £2.6 billion of Net Financing in Q2 2024-25 and £0.7 billion of Net Financing in Q1 2024-25, giving a half-year total of £3.3 billion. The figures are part of NS&I’s unaudited quarterly results for the first half (April-September 2024) of the financial year 2024-25.The Spring Budget in March 2024 set NS&I’s Net Financing target for 2024-25 at £9.0 billion (+/- £4 billion).Unaudited Q1 and Q2 2024-25 results (1 April – 30 September 2024)*
NS&I announces rate changes for some variable and fixed term products
Premium Bonds prize fund rate will be 4.15% and odds of winning 22,000 to 1 for the December drawReduced rates for Direct Saver and Income Bonds from 20 November 2024New Issues of 2-year British Savings Bonds on sale todayThe prize fund rate for Premium Bonds will change to 4.15% for the December draw, along with odds of winning at 22,000 to 1, NS&I has announced today in response to a changing savings market.
October’s Premium Bonds draw crowns two new millionaires in Derbyshire and Gloucestershire
Over 5.9 million Premium Bonds prizes worth more than £461 million were drawn for OctoberThe £1 million jackpot winning bonds were purchased ten years apart in March 2023 and February 2013A Gloucestershire holder with £275 in Premium Bonds has scooped £100,000 this monthOctober’s Premium Bonds draw brings life-changing wins to two holders in Derbyshire and Gloucestershire who pick up the £1 million jackpot prizes.
Nina Hingorani-Crain reappointed as a Non-Executive Director to the Board of NS&I
HM Treasury has announced today the reappointment of Nina Hingorani-Crain as a Non-Executive Director to the Board of NS&I for a second, three-year term.HM Treasury has announced today that Nina Hingorani-Crain has been reappointed as a Non-Executive Director to the Board of NS&I (National Savings and Investments), as of 1 November 2024. The reappointment will be for a term of three years.
NS&I reduces interest rates on some fixed-term products
Interest rate reductions for some of NS&I’s fixed-term products, effective from today, 11 September 2024Changes will ensure NS&I’s interest rates are positioned appropriately in the wider market and help NS&I to balance the interests of its savers, taxpayers and broader financial service sectorNew Issues of NS&I’s 2-year, 3-year and 5-year British Savings Bonds have gone on sale today, 11 September 2024, with new interest rates reflecting the changing savings market.