Results

NS&I has announced that it is increasing interest rates on both its Junior ISA and Direct ISA. Interest rates paid on Junior ISA will be increasing by 75 basis points from 2.50% AER to 3.25% AER. In addition, the interest rate paid on Direct ISA will be increasing by 15 basis points from 0.75% AER to 0.90% AER.

NS&I today announced that it is increasing interest rates across the following variable rate products from 1 October 2018.

Delivering cost-effective debt financing to the Government remains NS&I’s core objective. At the March 2017 Budget, our Net Financing target for 2017–18 was set at £13 billion (in a range of £10 billion to £16 billion).

NS&I is reducing the interest rate on its Direct ISA by 25 basis points from 1.00% tax-free/AER to 0.75% tax-free/AER from 24 September 2018. The decision to reduce the interest rate on Direct ISA was taken in order to deliver positive value for taxpayers.

NS&I has today increased the interest rate on its Junior ISA by 25 basis points to 2.50% tax-free/AER.

NS&I is reducing the interest rate for 3-year terms of Guaranteed Growth Bonds and Guaranteed Income Bonds by 25 basis points from today (6 March 2018).

NS&I has today announced that it is increasing interest rates across its variable rate product range, including Premium Bonds, from 1 December.

NS&I has today announced that it is reducing interest rates on four of its variable rate products. This follows reductions in interest rates across the savings market after the Bank of England’s reduction of the base rate by 25 basis points, to 0.25% in August 2016.