NS&I 1 year fixed rate bonds return

NS&I has issued new one-year fixed rate Guaranteed Growth Bonds and Guaranteed Income Bonds today, for the first time since 2019.

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Savers are hit by slump in deposit rates

The average rate on a one-year fixed bond has plummeted to a record low of 0.61%, less than half the rate of a year ago when it was nearly 1.3%.

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