NS&I has relaunched its popular inflation- busting savings certificates, which will be linked to the retail prices index (RPI).
Index-linked Savings Certificates will pay index-linked, measured by the RPI, plus a fixed rate of interest of 0.50% AER. It is also issuing Fixed Interest Savings Certificates which will pay 2.25% AER. The certificates are tax-free, with a minimum investment of £100 and maximum investment of £15,000 per Issue. Jane Platt, chief executive at NS&I, said: "Our aim is to keep savings certificates on sale for a sustained period of time and to enable as many savers as possible who wish to invest to do so. "With this in mind we will be offering a five-year term, only available direct fro...
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