National Savings & Investments (NS&I) has announced it "does not expect" to reintroduce its popular Index-linked Savings Certificates in the current financial year.
The savings organisation said the government's Net Financing Target for 2012/13 was set at zero, meaning it is not required to grow its existing £100bn stock any further.
Its Net Financing Target for 2011/12 was £2bn - meaning it could put the inflation-beating certificates on sale.
The Net Financing Target for NS&I is based on a balance of the interests of savers, the wider financial services industry and taxpayers and is usually set in the Budget.
Appetite has suffered since Brexit vote
'Failure to pay attention can result in enforcement'
200,000 LISAs opened so far
From June 2019
11 years since launch of three Chartered titles