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New 2- and 5-year fixed rate British Savings Bonds on sale today, increasing choice for savers Interest rate increase for existing 3-year fixed rate British Savings Bonds NS&I is today increasing the choice available to savers looking for the security of guaranteed fixed rates with the release of new 2- and 5-year Issues of British Savings Bonds. NS&I is also increasing the interest rate on the existing 3-year fixed-term British Savings Bonds.

August’s jackpot millionaires come from Outer London and Devon ERNIE has drawn over 5.9 million prizes this month, worth over £457 million This month’s Premium Bonds jackpot winners are from Outer London and Devon, each scooping £1 million in this month’s draw. 

NS&I delivered £11.3 billion of Net Financing to the Government in 2023-24 - NS&I met four and missed two of its six service delivery measures 

 

 

 

3-year fixed-rate British Savings Bonds now on sale at 4.15% gross/AER The three-year fixed-rate British Savings Bonds announced by the Chancellor of the Exchequer in the Spring Budget are now on sale. The Guaranteed Growth Bond option is available at 4.15% gross/AER and the Guaranteed Income Bond is 4.07% gross/4.15% AER.

Thirty years ago the first £1 million jackpot was made on 1 April 1994 528 people have now won the £1 million jackpotOver £30 billion has been won by Premium Bonds holders since the first prize draw in 1957 April 2024 winners are from London and the Highlands and Islands April 2024 marks the 30th anniversary of the £1 million Premium Bonds jackpot, with ERNIE awarding over 500 Bond holders the life-changing sum of money.

The Economic Secretary to the Treasury has announced today (18 March 2024) a number of appointments to the National Savings and Investments (NS&I) Board.Gerard Lemos CMG CBE has been appointed as Chair of the NS&I Board, ahead of the term of the incumbent chair, Ed Anderson CBE, coming to an end in June 2024. Luke Jensen and Melanie Moreland have also been appointed to the Board as non-executive directors (NEDs), as one of the current NEDs, Jill Lucas, also steps down from the Board in…

3-year fixed-rate British Savings Bonds announced in Spring Budget to go on sale in early April 2024Q3 2023-24 Net Financing of £2.8 billion2023-24 Net Financing whole-year forecast of £10.9 billion (excluding Green Savings Bonds)2024-25 Net Financing target: £9 billion (+/- £4 billion)Announced in today’s Spring Budget, NS&I will be releasing 3-year fixed-rate British Savings Bonds in early April. The Budget also announced the new Net Financing target for 2024-25.