October’s Premium Bonds millionaires come from Greater Manchester and West Scotland
October’s Premium Bonds millionaires come from Greater Manchester and West Scotland
This month’s Premium Bonds jackpot winners come from Greater Manchester and West Scotland. Including the two £1 million jackpot winners, there are more than five million prizes worth over £470 million in total that will be paid out to winners.
September’s Premium Bonds millionaires come from Norwich; and Hampshire and the Isle of Wight
September’s new Premium Bonds millionaires come from Norwich; and Hampshire and the Isle of Wight in a month where the prize fund rate increased.
The September Premium Bonds draw was at the new higher prize fund rate of 4.65% – the highest it has been since 1999. The odds improved from 22,000 to 1 to 21,000 to 1. With the change in odds, Premium Bonds holders will see over £65 million added to the prize fund this month.
NS&I offers highest ever interest rate for one-year fixed rate Guaranteed Growth Bonds and Guaranteed Income Bonds
NS&I delivers £2.1 billion of Net Financing to the Government in Q1 2023-24
NS&I delivered £2.1 billion of Net Financing to the Government in Q1 2023-24. The figure is part of NS&I’s latest unaudited quarterly results for the first quarter (April-June 2023) of the financial year 2023-24.
The Spring Budget in March 2023 set NS&I’s Net Financing target for 2023-24 at £7.5 billion (+/- £3 billion).
NS&I Chief Executive, Dax Harkins, said:
“I’m pleased that we were able to deliver £2.1 billion of Net Financing to the Government in the first…
New Issue for Green Savings Bonds at 5.70% gross/AER
August’s Premium Bonds millionaires come from Hereford & Worcester and Essex
This month’s Premium Bonds jackpot winners come from Hereford & Worcester and Essex.
The August draw saw the prize fund rate increase to 4%, and the odds improve from 24,000 to 1 to 22,000 to 1, meaning that each £1 Bond now has its best chance of winning a prize in almost 15 years. This month also saw an extra £30 million added to the prize fund, with 455,390 extra prizes available for Bond holders to win. A prize fund of more than £404 million will be paid out to winners across the…
NS&I Annual Report 2022-23: a year of delivery for government and for savers
NS&I delivered £10.0 billion of Net Financing to the Government in 2022-23.
Interest rate increases: NS&I supported savers with a series of interest rate increases across its products in 2022-23, including five increases to the Premium Bonds prize fund rate, meaning that by March 2023, 1.6 million more prizes were being paid out each month than a year earlier.
Transforming NS&I: further progress in the delivery of the transfo
Summer boost for savers: NS&I increases Premium Bonds prize fund rate and Junior ISA interest rate
Premium Bonds prize fund rate to increase to 3.70%, its highest rate in 15 years
Junior ISA interest rate increased to 3.65%, benefitting 89,000 young savers
The Premium Bonds prize fund rate will reach a 15-year high from the July prize draw, with NS&I announcing that it will increase to 3.70% from 3.30%. The changes will see an additional £39 million in prizes available for Bondholders.
June’s Premium Bonds millionaires come from Essex and South Gloucestershire
In the month that marks 66 years since the first Premium Bonds prize draw on 1 June 1957, this month’s Premium Bonds winners come from Essex and South Gloucestershire. Since that first draw in 1957, over 626 million prizes worth £26 billion have been paid out.
This month, the first Bond number drawn was 083TX260795 and is held by a winner based in Essex. The winner holds £42,050 in Premium Bonds and purchased their winning Bond in July 2005. This win makes them the twenty-first…