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NS&I delivered £1.3 billion of Net Financing to the Government in Q1 2022-23. The figure is part of NS&I’s latest unaudited quarterly results for the first quarter (April-June 2022) of the financial year 2022-23. The March 2022 Spring Statement set NS&I’s Net Financing target for 2022-23 at £6 billion (+/- £3 billion).

Agent Million was out in the weekend sunshine, travelling to Dorset and Buckinghamshire to let two Premium Bonds holders know that they had won the jackpot prize of £1 million.

More than 1.3 million people will see a boost to their savings as NS&I increases the interest rate on many of its products. The interest rate paid on Direct Saver, Income Bonds, Direct ISA and Junior ISA, will increase from today (21 July 2022). The interest rate paid on Guaranteed Growth Bonds, Guaranteed Income Bonds and Fixed Interest Savings Certificates will also be increasing, effective from 1 August 2022. These products are not currently on sale and the new interest rates are only…

July’s Premium Bonds jackpot winners come from Inner London and Surrey. The first winning Bond number drawn was 210ST236184 and it belongs to a winner in Inner London. The jackpot winner holds £30,300 in Premium Bonds and purchased the winning Bond in August 2013. They become the seventh millionaire chosen by ERNIE from Inner London.

 

NS&I today confirms that a major milestone for its Rainbow transformation programme has been achieved, with IBM being awarded the first strategic procurement package.

On this day 65 years ago, the first ever Premium Bonds draw took place. Today, ERNIE celebrates its 65th birthday and two Premium Bonds jackpot winners – the first from Essex and the second from Kirklees – are both £1 million richer. The £1 million jackpot is 1,000 times larger than the £1,000 jackpot prize was in June 1957. The first winning Bond number drawn was 281YT705546 and it belongs to a winner in Essex. The jackpot winner holds £10,001 in Premium Bonds and purchased the winning Bond…

  Sixty-five years ago today, the first Premium Bonds prize draw was held on 1 June 1957, with a top prize of £1,000. June 2022 will be the 781 st Premium Bonds prize draw and ERNIE (Electronic Random Number Indicator Equipment), the machine that generates the winning numbers, has now paid out more than 562 million prizes worth £22.9 billion. Today, the top prize is £1 million.

NS&I will increase the Premium Bonds prize fund rate from 1.00% to 1.40%, effective from the June 2022 Premium Bonds prize draw. The odds of each £1 Premium Bond number winning a Premium Bonds prize will also change from 34,500 to 1 to 24,500 to 1. The increased prize fund rate will see an estimated additional 1.4 million prizes paid out in the June Premium Bonds prize draw.

Thanks to the randomness of ERNIE, a Premium Bonds holder in Greater Manchester and another in Wandsworth will be waking up £1 million richer after winning the jackpot in the May Premium Bonds prize draw. The first jackpot-winning number is 281HY160082 and belongs to a winner in Greater Manchester. The jackpot winner holds £50,000 in Premium Bonds and purchased the winning Bond in September 2016. 092QC393046 is the second jackpot-winning number and the Bondholder lives in Wandsworth. The…