NS&I delivers £7.7 billion of Net Financing to the Government in Q2 2023-24

NS&I delivered £7.7 billion of Net Financing in Q2 2023-24, giving a half-year total of £9.8 billion. The figure is part of NS&I’s latest unaudited quarterly results for the second quarter (July-September 2023) of the financial year 2023-24.NS&I’s Net Financing target for 2023-24, set at the Spring Budget 2023, is unchanged, at £7.5 billion (+/- £3 billion). NS&I’s overall Net Financing performance for 2023-24 will be announced as part of its annual results in the summer of 2024.

New Green Savings Bonds Issue at 3.95% gross/AER

Issue 6 of Green Savings Bonds is released today at a fixed-rate of 3.95% gross/AER over a three-year fixed-term Money invested in Green Savings Bonds helps finance green projects as part of the UK Government Green Financing Framework Funding raised is outside of NS&I’s Net Financing target A new Issue of Green Savings Bonds has been released today paying 3.95% gross/AER fixed-rate over a three-year term.

November’s Premium Bonds millionaires come from West Midlands and West Sussex

ERNIE is making two lives cosier this month for Premium Bonds holders from the West Midlands and West Sussex. They will receive a warming £1 million each.The first Bond number drawn was 060PS313350 and is held by a winner based in the West Midlands. The winner has a holding of £5,050 in Premium Bonds and purchased their winning Bond in May 2000. They become the fifth jackpot winner from the West Midlands.

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 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…