Will new Treasury-backed bonds pique your interest?

Published date08 April 2024
Publication titleEvening Gazette
However, the 4.15% rate on offer with the three-year products sits below the top deals available in the wider savings market, say experts

The bonds are new threeyear fixed-rate issues of Treasury-backed savings giant NS&I's Guaranteed Growth Bonds and Guaranteed Income Bonds.

Guaranteed Growth Bonds are available at 4.15% gross/AER (annual equivalent rate) while the Guaranteed Income Bond option is at a rate of 4.07% gross/4.15% AER.

They offer a guaranteed interest rate fixed over three years...

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