NS&I INCREASES INTEREST RATE ON INCOME BONDS
NS&I has today increased the interest rate on its Income Bonds by 14 basis points, from 0.01% gross/AER to 0.15% gross/AER.
This change aligns the interest rate for Income Bonds with the interest rate for NS&I’s Direct Saver account. The decision to increase the interest rate on Income Bonds is in line with NS&I’s operating framework to balance the interests of savers, taxpayers and the broader financial services sector.
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