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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,…

NS&I today announces interest rate reductions across its fixed and variable savings products, effective from 1 May 2020 Changes will ensure NS&I’s interest rates are positioned appropriately against those of its competitors and help NS&I to strike a balance between the needs of its savers, taxpayers and broader market stability The interest rate changes, effective from 1 May 2020, reflect the fact that due to exceptionally low gilt yields, the measure NS&I uses for tracking…

NS&I’s 1-year and 3-year Issues of Guaranteed Growth Bonds and Guaranteed Income Bonds are no longer on general sale Interest rates on new Issues of Guaranteed Growth Bonds, Guaranteed Income Bonds and Fixed Interest Savings Certificates for customers with maturing investments will be reduced by 25 basis points across all terms NS&I delivers £2 billion of Net Financing and returned a Value Indicator figure of -£119 million in Q1 2019-20 NS&I is today (2 September 2019)…

NS&I has announced that it is increasing interest rates on both its Junior ISA and Direct ISA. Interest rates paid on Junior ISA will be increasing by 75 basis points from 2.50% AER to 3.25% AER. In addition, the interest rate paid on Direct ISA will be increasing by 15 basis points from 0.75% AER to 0.90% AER.

Customers will continue to benefit from inflation beating returns, tax-free interest and the 100% security that comes with NS&I products. From 1 May 2019, existing holders of Index-linked Savings Certificates who renew into a new term will receive index-linking based on the Consumer Prices Index (CPI) measure of inflation, rather than the Retail Prices Index (RPI).

NS&I today announced that it is increasing interest rates across the following variable rate products from 1 October 2018.

NS&I is reducing the interest rate on its Direct ISA by 25 basis points from 1.00% tax-free/AER to 0.75% tax-free/AER from 24 September 2018. The decision to reduce the interest rate on Direct ISA was taken in order to deliver positive value for taxpayers.

NS&I has today increased the interest rate on its Junior ISA by 25 basis points to 2.50% tax-free/AER.

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).

NS&I has today announced that it is increasing interest rates across its variable rate product range, including Premium Bonds, from 1 December.