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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.
