NS&I is reducing the maximum purchase limit for new sales of 1 and 3-year terms of Guaranteed Growth Bonds and Guaranteed Income Bonds, from £1 million to £10,000 (£20,000 jointly) from today (11 June 2018).
Two Premium Bond holders have received more than just chocolate eggs this Easter weekend, as NS&I’s Agents Million have paid visits to Dorset and Hampshire and the Isle of Wight to tell them that they have each scooped the jackpot prizes of £1 million in April’s Premium Bonds prize draw.
New research from NS&I reveals that personal finance worries are having a negative impact on the wellbeing of 17 million Britons, with a quarter (26%) revealing that the state of their personal finances has had a negative effect on their mental health.
NS&I has today published its unaudited quarterly results for the third quarter (October to December 2017) of the financial year 2017-18. NS&I delivered £3.3 billion of Net Financing in Q3 2017-18, giving a year-to-date total of £6.8 billion.
NS&I is reducing the interest rate for 3-year terms of Guaranteed Growth Bonds and Guaranteed Income Bonds by 25 basis points from today (6 March 2018). A new Issue of 3-year Guaranteed Growth Bonds will be available at 1.95% gross/AER and a new 3-year Issue of Guaranteed Income Bonds will pay 1.90% gross (1.92% AER). The rate on the 1-year terms of both products will remain unchanged.