National Savings
NATIONAL SAVINGS INCOME BONDS—NOTICE OF NEW INTEREST RATE
On and from 7th June 2001, the variable “Treasury Rate” of interest payable on Income
Bonds will be 5.15% pa gross. The bonus rate for bonds held under the same register
number with a total capital value of at least £25,000 will be 0.25% pa gross.
NATIONAL SAVINGS INDIVIDUAL SAVINGS ACCOUNTS—NOTICE OF NEW INTEREST RATE
On and from 1st May 2001, the variable tax-free rate of interest payable on Individual
Savings Accounts (cash mini and TESSA-only) will be 5.75% pa.
NATIONAL SAVINGS ORDINARY ACCOUNTS—NOTICE OF NEW INTEREST RATES
On and from 1st May 2001, the variable rates of interest payable on Ordinary Accounts
will be as follows:
Standard rate |
1.25% pa |
Higher rate |
1.35% pa |
NATIONAL SAVINGS INVESTMENT ACCOUNTS—NOTICE OF NEW INTEREST RATES
On and from 10th May 2001, the variable gross rates of interest payable on Investment
Accounts will be as follows:
Balance in Account |
Rate of Interest |
up to £499.99 | 4.0% pa |
£500 to £2,499.99 | 4.1% pa |
£2,500 to £4,999.99 | 4.2% pa |
£5,000 to £9,999.99 | 4.3% pa |
£10,000 to £24,999.99 | 4.5% pa |
£25,000 to £49,999.99 | 4.8% pa |
£50,000 and above | 5.2% pa |
NATIONAL SAVINGS TREASURERS’ ACCOUNTS—NOTICE OF NEW INTEREST RATES
On and from 10th May 2001, the variable gross rates of interest payable on Treasurers’
Accounts will be as follows:
£10,000 to £24,999.99 |
4.5% pa |
£25,000 to £99,999.99 |
4.8% pa |
£100,000 and above | 5.2% pa |
PREMIUM SAVINGS BONDS—NOTICE OF NEW INTEREST RATE
On and from 1st August 2001, the rate of interest specified for determining the amount
of the prize fund will be 3.75% pa. In respect of each prize draw there will be one
prize for every 20,000 bond units eligible for inclusion in the draw.
NEW GENERAL EXTENSION RATE
On and from 1st May 2001, the variable rate of interest for National Savings Certificates
(including Yearly Plan Certificates) earning the General Extension Rate will be 2.61%
pa tax-free.
Issued by National Savings on behalf of the Treasury.