National Savings and Investments (NS&I) is increasing interest rates on its fixed rate products following an upward movement in market rates for Government Bonds (gilts).
The last interest rate changes to NS&I fixed rate products were announced in July 2005, with the exception of the three-year Index-linked Saving Certificates which were last changed in November 2004. Savers waiting to invest in a new issue of three-year Index-linked Saving Certificates can now do so for the first time in over a year. Savers can invest up to £15,000 in the new three-year issue as well as up to £15,000 in the new five-year issue of Index-linked Saving Certificates. New issues of NS&I’s range Inflation-Beating Savings, Fixed Rate Savings Certificates, Fixed Rate Savings B...
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