NS&I launches transformation programme and publishes Prior Information Notice for new operational contracts

NS&I has today announced plans to transform its business and has published a Prior Information Notice (PIN) to notify the market that a series of procurement exercises for NS&I’s operational services are planned to start in summer 2021. NS&I’s new Rainbow programme will transform the business and transition NS&I to a multi-supplier operating model, with all procurement to be completed by 2024.

NS&I 2020-21 NET FINANCING FORECAST AND 2021-22 NET FINANCING TARGET

2020-21 Net Financing full year forecast: £20.0 billion, against the revised target of £35 billion (within a range of £30 billion to £40 billion) set in July 2020 2021-22 Net Financing target: £6 billion (within a range of £3 billion to £9 billion) As included in today’s Budget, NS&I’s Net Financing forecast for 2020-21 is £20.0 billion, against the revised target of £35 billion, within a range of £30 billion to £40 billion, set in July 2020.

PREMIUM BONDS WINNERS FROM BRISTOL AND KENT IN MARCH 2021 DRAW

The £1 million Premium Bonds jackpot winners for March come from Bristol and Kent. 306PG138556 was the first Bond number drawn and it belongs to a female from Bristol. The winning Bond forms part of a £50,000 holding and was purchased in July 2017. The win makes the woman the tenth jackpot winner from Bristol. The second Bond number drawn was 307PX582004 and it belongs to a woman in Kent. She holds £40,002 in Premium Bonds and the winning Bond was also purchased in July 2017. The win makes…

NS&I PROVISIONAL Q3 2020-21 RESULTS

Q3 2020-21 Net Financing of -£9.5 billion (minus £9.5 billion) At 31 December 2020, Net Financing total of £28.8 billion, against a whole-year target of £35 billion, in a range of £30 billion to £40 billion NS&I today published its unaudited quarterly results for the third quarter (October-December 2020) of the financial year 2020-21. Net Financing for the quarter was -£9.5 billion, giving a year-to-date total of £28.8 billion.

PREMIUM BONDS WINNERS FROM WEST SCOTLAND AND BARNET IN FIRST DRAW OF 2021

The first Premium Bonds millionaires of 2021 come from West Scotland and Barnet. 330VT557685 was the first Bonds number drawn and belongs to a woman from West Scotland. Her winning Bond was purchased in May 2018 and is part of a £50,000 holding. The Premium Bonds jackpot win makes the woman the second winner from West Scotland. 2021’s second Premium Bonds millionaire is a woman from Barnet. Her Bond number 135RY390643 is part of a £20,000 holding and was purchased in January 2008. The win…

NS&I will delay the phasing out of Premium Bonds prize warrants until Spring 2021

NS&I has today announced that it will delay the phasing out of Premium Bonds prize warrants (like a cheque) until the spring of 2021, because of the difficulties some customers have had when trying to register their bank account details. Previously, NS&I was due to begin phasing out the use of Premium Bonds prize warrants from the December 2020 prize draw, with the last prize warrants being sent in February 2021; however, this will now be delayed.

PREMIUM BONDS WINNERS IN MANCHESTER AND SOUTH GLOUCESTERSHIRE IN DECEMBER 2020 DRAW

December’s Premium Bonds millionaires come from Manchester and South Gloucestershire. The first Bond number to be drawn was 398MV229074 and belongs to a woman from Manchester. She holds £30,010 in Premium Bonds and her winning Bond was purchased in June 2020. The win makes her the fourth Premium Bonds millionaire from Manchester.

NS&I PROVISIONAL Q2 2020-21 RESULTS

Q2 2020-21 Net Financing of £23.8 billion Half-year Net Financing total of £38.3 billion, against a whole-year target of £35 billion, in a range of £30 billion to £40 billion NS&I today published its unaudited quarterly results for the second quarter (July-September 2020) of the financial year 2020-21. NS&I delivered £23.8 billion of Net Financing in Q2 2020-21, giving a year-to-date total of £38.3 billion.