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NS&I Raises Guaranteed Growth Bonds Yields to 5.07%

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Story summary
  • National Savings and Investments raised interest rates on its Guaranteed Growth Bonds.
  • The one-year bond now yields 4.99% AER, up from 4.82%.
  • The two-year bond offers 5.07% AER, increased from 4.81%.
  • NS&I guarantees 100% of deposits are backed by HM Treasury.
  • Finance expert Rachel Springall said the boost should attract savers.