National Savings and Investments

NS&I Index-linked Savings Certificates - new Issues

Index-linking to RPI, plus		Equivalent	Equivalent
guaranteed interest, tax-free*		grossed up	grossed up
New issues from 29 April 2009		rate for	rate for
		basic rate	higher rate
	Rate pa/AER••	taxpayers†	taxpayers†
3-Year Index-linked	Index-	Index-	Index-
Savings Certificates	linking plus	linking plus	linking plus	19th Issue
Guaranteed compound
rate over 3 years	1.00%	1.25%	1.67%
5-Year Index-linked	Index-	Index-	Index-
Savings Certificates	linking plus	linking plus	linking plus	46th Issue
Guaranteed compound
rate over 5 years	1.00%	1.25%	1.67%
*	Tax-free means that the return is exempt from UK Income Tax and Capital Gains Tax at all rates of taxation.
**	AER (Annual Equivalent Rate) enables you to compare interest rates from different financial institutions on a like-for-like basis. It shows what the notional annual rate would be if interest was compounded each time it was credited or paid out.
	Where interest is credited once a year the rate quoted and the AER will be the same.
†	At current rates of tax.

To find out more about our savings and investments, call us on 0845 964 5000. Lines are open every day from 7 a.m. until midnight. Maximum call charge 4p per minute from a BT landline. Charges from other providers may vary. For your security, and to make sure we’re giving you the highest standard of service, calls may be recorded.

Or visit our website at nsandi.com

National Savings and Investments is backed by HM Treasury