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The two, three and five-year products are only available to existing customers with maturing products and are not open to new customers.

After one year, savers will have the choice to withdraw their cash or reinvest. Savers will need a minimum investment of £500 and a maximum of £1 million in each Issue. Guaranteed Growth Bonds and Guaranteed Income Bonds one-year fixed rate Issues are open to savers wishing to fix for one year at a guaranteed rate. “At the same time, existing customers with maturing Bonds can choose to invest at new higher rates for two, three and five-year Guaranteed Growth Bonds and Guaranteed Income Bonds.” Today, we are able to offer new Issues with an improved interest rate for customers wanting the certainty of knowing how much they will be earning on their savings for one year. “It was great to be able to bring back on sale our one-year fixed rate Guaranteed Growth Bonds and Guaranteed Income Bonds in February last year. “For further peace of mind, the Treasury provides a 100% guarantee on these savings”. “It’s vital that savers are able to benefit from recent interest rate rises, so I’m delighted that NS&I is releasing new Issues of Guaranteed Growth Bonds and Guaranteed Investment Bonds at over 6% - the highest rate since they were launched. Interest rates are also being increased for existing customers with two, three and five-year Bonds when their current holding reaches maturity.Įconomic Secretary to the Treasury Andrew Griffith, said: These rates for Guaranteed Growth Bonds and Guaranteed Income Bonds are the highest offered across NS&I’s product range as of today. The new Issues offer savers 6.20% gross/AER for one-year fixed rate Guaranteed Growth Bonds and 6.03% gross/6.20% AER for Guaranteed Income Bonds. NS&I is releasing new Issues of its one-year fixed rate Guaranteed Growth Bonds and Guaranteed Income Bonds available to new and existing customers from today.

Highest ever interest rate for Guaranteed Growth Bonds and Guaranteed Income Bonds since they first went on sale in 2008.New Issues of one-year fixed rate Guaranteed Growth Bonds and Guaranteed Income Bonds are on sale from today at 6.20% gross/AER and 6.03% gross/6.20% AER respectively.