Popular NS&I certificates withdrawn from general sale

It said by withdrawing the current issue now, it will ensure the net financing target set by the Chancellor for 2011/12 should not be exceeded. It follows four months of strong sales in which NS&I said it processed some 500,000 transactions. If the products remained on sale, it would risk destablising the market because they can attract too much money from consumers. Ultimately, this could limit banks' ability to lend. The government withdrew its index-linked national savings certificates for the same reason in July last year, but they were reintroduced in May after the Chancellor ...