NS&I have today launched new British Savings Bonds

Back on sale from today are NS&I 1 and 5-year bonds, and it’s the first time 1, 2, 3 and 5-year Bonds have all been on sale together since 2010.

British Savings Bonds are fixed-term Issues of NS&I’s Guaranteed Growth Bonds and Guaranteed Income Bonds.

New Rates from today

The new interest rate on the 1-year Growth option, back on sale today, is 4.05% gross/AER, and the Income option is 3.98% gross / 4.05% AER.

The new interest rate on the 2-year Growth option is 4.00% gross/AER, and the Income option is 3.93% gross / 4.00% AER.

The new interest rate on the 3-year Growth option is 4.10% gross/AER, and the Income option is 4.03% gross / 4.10% AER.

The new interest rate on the 5-year Growth option, back on sale today, is 4.06% gross/AER, and the Income option is 3.99% gross / 4.06% AER.

All four term lengths of 1-, 2-, 3- and 5-year Bonds have not been on sale at the same time since 16 February 2010.

More choice from NS&I

Today’s changes will mean more choices for savers and help NS&I meet its new Net Financing target for 2025-26 while continuing to balance the interests of savers, taxpayers, and the broader financial services sector.

Read more on the new rates

Are you ready for the new ISA’s

Andrew Westhead, NS&I Retail Director, said: “I’m pleased to announce the return of our 1-year and 5-year British Savings Bonds from today, alongside increased interest rates for our existing 2-year and 3-year fixed-term options.

“In today’s changing market, I’m glad we can offer savers who are looking for guaranteed rates greater choice, safe in the knowledge that their savings are 100% protected. Today’s changes will help us meet our new Net Financing target while balancing the interests of savers, taxpayers and the broader financial services sector.”

Terms

  • NS&I Guaranteed Growth Bonds and Guaranteed Income Bonds are available to customers wanting a guaranteed rate for a fixed term of 1, 2, 3 or 5 years.
  • Funds cannot be withdrawn early with fixed-term accounts.
  • Savers will need a minimum investment of £500 and can invest a maximum of £1 million per person in each Issue.
  • After the fixed-term period, savers can withdraw their cash or reinvest it in a new term.