NS&I ANNUAL REPORT 2020-21

NS&I delivered a record £23.8 billion of Net Financing to the Government in 2020-21. Update on Premium Bonds prize payment options: NS&I will no longer be moving all customers to having Premium Bonds prizes paid directly to their bank accounts, meaning that customers who receive their prizes by cheque can continue to do so.  In 2021-22, NS&I will deliver a green savings bond for retail investors on behalf of the Government; and will start the long-term transformation o

JUNE’S PREMIUM BONDS WINNERS COME FROM LEICESTER AND CLEVELAND

The £1 million Premium Bonds jackpot winners come from Leicester and Cleveland in June 2021. 404XK887196 was the first Bond number drawn and it belongs to a woman from Leicester. The woman purchased her winning Bond in July 2020 and she holds the maximum £50,000 in Premium Bonds. The win means that the woman is the third Premium Bonds jackpot winner from Leicester.

NS&I extends contract with Matrix Capital to provide Premium Bonds jackpot winner advisory service

NS&I has confirmed today that it has exercised an option to extend, by two years, its contract with Matrix Capital to provide an advisory service to Premium Bonds jackpot winners. The contract with Matrix Capital will now run until 31 March 2023. To ensure that high quality financial advice is available to each Premium Bonds £1 million jackpot winner, NS&I offers a financial advisory service provided by an advice firm. It is up to each monthly jackpot winner to decide whether or not to…

NS&I launches transformation programme and publishes Prior Information Notice for new operational contracts

NS&I has today announced plans to transform its business and has published a Prior Information Notice (PIN) to notify the market that a series of procurement exercises for NS&I’s operational services are planned to start in summer 2021. NS&I’s new Rainbow programme will transform the business and transition NS&I to a multi-supplier operating model, with all procurement to be completed by 2024.

NS&I 2020-21 NET FINANCING FORECAST AND 2021-22 NET FINANCING TARGET

2020-21 Net Financing full year forecast: £20.0 billion, against the revised target of £35 billion (within a range of £30 billion to £40 billion) set in July 2020 2021-22 Net Financing target: £6 billion (within a range of £3 billion to £9 billion) As included in today’s Budget, NS&I’s Net Financing forecast for 2020-21 is £20.0 billion, against the revised target of £35 billion, within a range of £30 billion to £40 billion, set in July 2020.

PREMIUM BONDS WINNERS FROM BRISTOL AND KENT IN MARCH 2021 DRAW

The £1 million Premium Bonds jackpot winners for March come from Bristol and Kent. 306PG138556 was the first Bond number drawn and it belongs to a female from Bristol. The winning Bond forms part of a £50,000 holding and was purchased in July 2017. The win makes the woman the tenth jackpot winner from Bristol. The second Bond number drawn was 307PX582004 and it belongs to a woman in Kent. She holds £40,002 in Premium Bonds and the winning Bond was also purchased in July 2017. The win makes…

NS&I PROVISIONAL Q3 2020-21 RESULTS

Q3 2020-21 Net Financing of -£9.5 billion (minus £9.5 billion) At 31 December 2020, Net Financing total of £28.8 billion, against a whole-year target of £35 billion, in a range of £30 billion to £40 billion NS&I today published its unaudited quarterly results for the third quarter (October-December 2020) of the financial year 2020-21. Net Financing for the quarter was -£9.5 billion, giving a year-to-date total of £28.8 billion.