NS&I's one and five-year British Savings Bonds are back

MSE_Emily

NS&I has refreshed its range of fixed-term 'British Savings Bonds' by bringing back its one-year and five-year options and boosting rates. Its new deals are strong across the board, especially if you're looking to save with a well-known name – though you can earn a bit more from the top-paying accounts elsewhere...

Read the full story:

NS&I's one and five-year British Savings Bonds are back

If you haven't already, join the forum to reply.

dermotological

Are there any known factors or clues as to what determines the interest rates of these bonds, or when new issues will be released?

wmb194

dermotological said:

Are there any known factors or clues as to what determines the interest rates of these bonds, or when new issues will be released?

When I’ve looked the interest rates are usually similar to conventional gilts of the same tenor.

https://giltsyield.com/bond/

artyboy

Translation - Rachel is short of cash and wants your money...

Cisco001

Not even close to the highest interest rate on the market, what's the point.

If they make all NS&I tax free, I may go for it...

eskbanker

Cisco001 said:

Not even close to the highest interest rate on the market, what's the point.

NS&I accounts may suit individuals who aren't UK residents (a requirement for the vast majority of UK banking and savings products) or who don't wish to be constrained by FSCS protection limits....

dermotological

So what’s appealing to me is: zero capital risk on up to £1m, monthly guaranteed income. I hate speculation and being at risk of what Trump had for breakfast. Yes, there are higher rates available, but fiddling about under the current £85k guarantee is a fuddle i don’t need. 

Where I’m aiming at is getting a feel for how rates might move, to help me decide which fixed term I want to choose.

dermotological

artyboy said:

Translation - Rachel is short of cash and wants your money...

Show me a government that doesn’t want your money and doesn’t issue debt…..

nottsphil

dermotological said:

artyboy said:

Translation - Rachel is short of cash and wants your money...

Show me a government that doesn’t want your money and doesn’t issue debt…..

This is getting dangerously close to political discussion 😱

SacredStephan

Effective from 24 July 2025:

Guaranteed Growth Bonds 1-year fixed rate, Issue 85, Gross/AER (taxable) 4.18%.
The Income Bond equivalent has also increased to 4.11% gross, 4.18% AER.