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 New 4.40% prize fund rate for Premium Bonds from March 2024 drawOdds remain the same at 21,000 to 1 for each £1 BondNS&I required to strike a balance between the interests of savers, taxpayers and the broader financial services sectorNS&I is reducing the prize fund rate for Premium Bonds from 4.65% to 4.40% from the March 2024 draw. The odds of any £1 Bond number winning a prize will remain the same at 21,000 to 1.

First two jackpot millionaires of 2024 are from Warwickshire and Nottingham Over 5.8 million prizes worth over £475 million in January 2024 draw Top tips for quickest way to check prizes It is already proving to be a happy new year for two Premium Bonds holders in Warwickshire and Nottingham as NS&I announces the first Premium Bonds £1 million jackpot winners of 2024. This month, there were 5,843,447 prizes, resulting in a total payout of over £475 million. 

This year has been a bumper year for Premium Bonds holders with close to 64 million prizes drawn. Here’s how 2023 looked for Premium Bonds:

IBM will deliver Digital Experience and Digital EnablementSopra Steria will deliver Customer Contact Centre and OperationsAtos preferred bidder for delivering Core Banking, Payments and ReportingA further major milestone has been achieved in NS&I’s transformation programme today, with more strategic procurement packages being awarded. IBM will deliver Digital Experience and Digital Enablement and Sopra Steria will deliver Customer Contact Centre and Operations.

December’s winners are from York and Essex In 2023, more than 63 million prizes have been paid out, worth over £4.6 billion Children won over one million Premium Bonds prizes from December 2022 to November 2023 worth over £72 million Two Agent Millions are kicking off the festive season in style with visits to the December Premium Bonds jackpot winners in York and Essex to tell them they have won the last two £1 million jackpots of the year.

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.

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.

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 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.