April’s Premium Bonds millionaires come from Somerset and Croydon

  It was no April Fool’s this month when Agent Million visited two Premium Bonds holders in Somerset and Croydon to let them know that they had won the jackpot prize of £1 million. The first Bond number drawn was 236TZ340702 and is held by a winner based in Somerset. The winner holds £50,000 in Premium Bonds and purchased their winning Bond in December 2014. April’s second Premium Bonds millionaire is based in Croydon and holds Bond number 503VL397852. The winner has £25,000 in…

NS&I PROVISIONAL Q3 2022-23 RESULTS AND 2023-24 NET FINANCING TARGET

Q3 2022-23 Net Financing of £0.5 billion As of 31 December 2022, Net Financing total of £3.9 billion, against a whole-year target of £6 billion (+/- £3 billion) 2022-23 Net Financing whole-year forecast is £6.1 billion (excluding Green Savings Bonds) 2023-24 Net Financing target: £7.5 billion (+/- £3 billion) NS&I today published its unaudited quarterly results for the third quarter of the financial year 2022-23 (October-December 2022).

March’s Premium Bonds millionaires come from Nottinghamshire and Oxfordshire, as over £25 billion in prizes paid out since first ever prize draw

Over £25 billion in Premium Bonds prizes have now been paid out to winners since the first ever draw in 1957, as March’s £1 million jackpot winners are announced as coming from Nottinghamshire and Oxfordshire. A record £330 million will be paid out in prizes in this month’s draw thanks to the increase in the prize fund rate to 3.30%, the highest rate in over 14 years, and the fifth increase to the prize fund rate that NS&I has made in less than a year.

NS&I gives Valentine’s Day boost to savers

  • Premium Bonds prize fund rate increases to 3.30% from March 2023 draw • Fifth prize fund rate increase for Premium Bonds in the last year • Interest rate increases for Direct Saver and Income Bonds to 2.85% with immediate effect   The Premium Bonds prize fund rate is increasing to 3.30%, up from 3.15%, effective from next month’s draw, meaning around £15 million more in prizes up for grabs.

4.20% Green Savings Bonds Issue 4

  New NS&I Green Savings Bonds Issue released today at a fixed-rate of 4.20% gross/AER over a three-year term Money invested in Green Savings Bonds will help finance green projects as part of the UK Government Green Financing Framework A new Issue of NS&I’s Green Savings Bonds has been released today paying 4.20% gross/AER fixed-rate over a three-year term. Savers putting money into Green Savings Bonds will be helping fund vital green projects across the UK as part of the UK…

NS&I brings back one-year fixed rate Bonds for general sale

New Issues of one-year fixed rate Guaranteed Growth Bonds and Guaranteed Income Bonds are on sale from today at 4.00% gross/AER and 3.90% gross/3.97% AER respectively Close to half a million existing NS&I customers may also benefit from interest rate increases for Guaranteed Growth Bonds, Guaranteed Income Bonds and Fixed Interest Savings Certificates NS&I is bringing back on sale its one-year fixed rate Guaranteed Growth Bonds and Guaranteed Income Bonds and increasing interest…

500th Premium Bonds millionaire made in landmark draw with jackpot winners from Sefton and Sheffield

Five hundred Premium Bonds holders have now been made millionaires since the £1 million jackpot prize was first introduced in 1994 thanks to February’s landmark draw. Agent Million delivered the life-changing news to the February winners based in Sefton in Merseyside, and Sheffield. The jackpot winning numbers were drawn by the fifth incarnation of ERNIE, NS&I’s famous random number generator.

January boost for Premium Bonds holders and savers of all ages as NS&I increases interest rates

More than 870,000 customers holding NS&I’s Direct Saver, Income Bonds and Direct ISA are set to benefit from today as NS&I increases interest rates across all three accounts. The interest rate paid on Direct Saver and Income Bonds will increase from 2.30% to 2.60%, whilst the interest rate on Direct ISA will increase from 1.75% tax-free to 2.15% tax-free. The Premium Bonds prize fund rate will also increase from 3.00% to 3.15%, effective from the February 2023 prize draw. This follows…

David Woodward appointed to the National Savings and Investments Board

David Woodward has been appointed as a Non-executive Director to the board of National Savings and Investments (NS&I), the Economic Secretary announced today (9th January). David’s three-year term officially began on 3rd January 2023. He began his career as a qualified accountant and has worked in senior roles in the private, public and charity sectors. His executive career has seen him work in senior finance positions successfully delivering strategic change within large and complex…