NS&I has today increased the interest rate on its Income Bonds by 14 basis points, from 0.01% gross/AER to 0.15% gross/AER. This change aligns the interest rate for Income Bonds with the interest rate for NS&I’s Direct Saver account. The decision to increase the interest rate on Income Bonds is in line with NS&I’s operating framework to balance the interests of savers, taxpayers and the broader financial services sector. Product Previous interest rate
HM Treasury can announce today that Nina Hingorani-Crain has been appointed as a Non-Executive Director to the Board of National Savings & Investments (NS&I).
Today is a momentous day for Premium Bonds as it marks 65 years to the day that the product first went on sale. On the 65th anniversary, ERNIE, the random number generator, has selected two millionaires, both from Bristol. The first number drawn by ERNIE was 332GB855665, belonging to the winner who holds a total of £38,000 in Premium Bonds. The winning Bond was purchased in June 2018. 209DZ100774 was the second Bond number drawn. The winning Bond was purchased in July 2013 and the winner…
Monday 1 November 2021 marks 65 years since the first Premium Bond was bought A record 113,081,411,333 Bonds were in the October prize draw A total of 538 million prizes have now been paid out 65 years ago on Monday (1 November), the then Lord Mayor of London, Alderman Sir Cuthbert Ackroyd, visited a Post Office and purchased the very first Premium Bond. Little did he know that he was starting a savings revolution.
Q2 2021-22 Net Financing of £0.8 billion Half-year Net Financing total of £0.6 billion, against a whole-year target of £6 billion, in a range of £3 billion to £9 billion NS&I delivered £21 million of savings to the taxpayer in Q2 2021-22, as measured by the Value Indicator NS&I today published its latest unaudited quarterly figures, for the second quarter (July-September 2021) of the financial year 2021-22. NS&I delivered £0.8 billion of Net Financing in Q2 2020-21, giving a year-…
New Green Savings Bonds from NS&I now available at 0.65% gross/AER fixed rate over a three-year term Money invested in Green Savings Bonds will help finance green projects selected by the Government Available from Friday 22 October 2021 and on sale for at least three months Bonds available to purchase and manage online at nsandi.com The new Green Savings Bonds announced by the Chancellor of the Exchequer in the 2021 Spring Budget are avail
The Premium Bonds millionaires in October 2021 hail from South Gloucestershire and Surrey. Both winners bought their winning Bonds earlier this year. 433SN401366 was the first Bond number drawn and it belongs to a woman from South Gloucestershire. The winner holds £49,994 and bought the winning Bond in January 2021. The win makes the winner the ninth Premium Bonds millionaire from Gloucestershire.
The £1 million Premium Bonds jackpot winners in September 2021 come from Shropshire and Bristol. The first Bond number drawn winning the first £1 million jackpot prize, 116WA622775, belongs to a man from Shropshire. The winner holds £30,000 in Premium Bonds and bought the winning Bond just under 15 years ago in October 2006, making him the third Premium Bonds millionaire from Shropshire.
Q1 2021-22 Net Financing of -£0.2 billion (minus £0.2 billion) NS&I delivered £38 million of savings to the taxpayer in Q1 2021-22, as measured by the Value Indicator NS&I today published its latest unaudited quarterly figures, for the first quarter (April-June 2021) of the financial year 2021-22. Net Financing for the quarter was -£0.2 billion.
The Premium Bonds millionaires for August 2021 come from Devon and Wales. 404KX510146 was the first Bond number drawn and it belongs to a woman from Devon. The woman holds £1,001 in Premium Bonds, making her a Premium Bonds millionaire with one of the smallest ever holdings to win. Of the 464 Premium Bonds millionaires, just 12 others have won the £1 million jackpot with a holding less than the woman from Devon. The woman purchased the winning Bond in July 2020, meaning that it has won the…