National Savings
NS&I RATE CHANGE FOR GREEN SAVINGS BONDS
RATE CHANGE FOR GREEN SAVINGS BONDS
NS&I has today, 22nd August 2023 announced increases to the interest rate on Green Savings Bonds, effective from 22nd August 2023.
Rate change
Changes to on-sale products
| Product | Previous interest rate | New interest rate (effective from today) |
| Green Savings Bonds (3-year) | 4.20% gross/AER | 5.70% gross/AER |
Find out more at nsandi.com
Definitions
AER (Annual Equivalent Rate) illustrates what the annual rate of interest would be if the interest was compounded each time it was paid. Where interest is paid annually, the quoted rate and the AER are the same.
National Savings and Investments is backed by HM Treasury.