NS&I has today released a new Issue of Green Savings Bonds, which is one percentage point lower than the previous Issue.
Issue 7 pays 2.95 per cent gross/AER fixed-rate over a three year term, while Issue 6 paid 3.95 per cent gross/AER.
The minimum investment in Green Savings Bonds is £100 and the maximum limit for each Issue is £100,000 per person.
NS&I said the amount of annual funding required through Green Savings Bonds is agreed between the Treasury and NS&I, alongside gilts issued by the Debt Management Office (DMO).
Green Savings Bonds are not included in NS&I’s Net Financing target, which is set by the Treasury each year.
More to follow…
24World Media does not take any responsibility of the information you see on this page. The content this page contains is from independent third-party content provider. If you have any concerns regarding the content, please free to write us here: contact@24worldmedia.com
Latest Posts
Nigel Farage threatens NatWest with court proceedings to resolve debanking scandal
Amazon delivery driver ‘desperate’ for toilet smashed head on into car
Ricky Norwood set for ITV Dancing on Ice axe as dance expert exposes worrying ‘narrowing down’ trend
HMRC to give hundreds of thousands of households a £300 tax-free payment from today
The culpability for this recession must surely lie with the Bank of England
BBC The Apprentice viewers slam ‘awkward editing’ as contestant cut from spin-off show
BBC to air Steve Wright’s final Top of The Pops appearance amid backlash for treatment of late star
I point the finger of blame far more at the Bank of England than the government on recession
