National Savings
NS&I LAUNCHES NEW ISSUES OF BONDS
GUARANTEED GROWTH BONDS AND GUARANTEED INCOME BONDS NOW ON SALE
On 1 December 2017 NS&I released new Issues of Guaranteed Growth Bonds and Guaranteed Income Bonds.
Key features
• Fixed interest rates with a choice of investment terms
• Growth and income options
• For savers aged 16 and over with a UK bank account
• Invest from £500 up to £1 million per person – in each Issue
• Early access subject to a 90-day interest penalty
• 100% secure, backed by HM Treasury
• Apply online only
| NS&I account | Issue Number | Investment term | Interest rate |
| Guaranteed Growth Bonds | Issue 62 | 1-year | 1.50% gross/AER |
| Guaranteed Growth Bonds | Issue 56 | 3-year | 2.20% gross/AER |
| Guaranteed Income Bonds | Issue 62 | 1-year | 1.45% gross/1.46% AER |
| Guaranteed Income Bonds | Issue 56 | 3-year | 2.15% gross/2.17% AER |
Find out more at nsandi.com
Definitions
Gross is the taxable rate of interest without the deduction of UK Income Tax.
AER (Annual Equivalent Rate) illustrates what the annual rate of interest would be if the interest was compounded each time it was paid. Where interest is paid annually, the quoted rate and the AER are the same.
National Savings and Investments is backed by HM Treasury.