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NS&I launches new bonds with higher rates

State-backed body offers Guaranteed Growth and Guaranteed Income bonds
February 1, 2023
  • New bond issues have higher rates
  • Existing customers have the opportunity to renew products at higher rates

National Savings & Investments has re-launched its popular one-year Guaranteed Growth and Guaranteed Income Bonds paying rates of up to 4 per cent â€“ a level not seen since 2010.

This is the first issue of the bonds since 2019 and they will pay a 4 per cent or 3.9 per cent, respectively. Investors can put a minimum of £500 and maximum of £1mn into each issue.

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