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The Independent UK
The Independent UK
Business
Vicky Shaw

‘Savage pruning’ for returns on Green Savings Bonds

PA Archive

Savings giant NS&I has chopped the rate being offered on its Green Savings Bonds, with the new issue offering returns of 3.95% – down from 5.70% previously.

Issue six of the bonds was released on Tuesday, with a new rate of 3.95% AER (annual equivalent rate), fixed over a three-year term.

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