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Banking & Savings: NS&I Increase Pushes Top Fixed Interest Rate To 5 10%

What's the latest news from the banking and savings market? We monitor all the latest moves and keep you updated regularly with the key developments 13

Forget Premium Bonds – these NS&I accounts offer guaranteed returns

NS&I ups rates on Green Savings Bonds to 4 2%

It is a significant rise from the last issue in August 2022, which paid 3% interest, and follows disappointing take-up since the bonds launched.

NS&I brings back old accounts with BETTER rates than Premium Bonds

Guaranteed Growth and Guaranteed Income Bonds pay vastly improved rates compared to when they were last offered back in 2019 - but the small print means they won t be for everyone.

Puerto Rico Can Move Forward Without Congress

Congress and the president have proposed various federal interventions and bailouts to save the cash-strapped and economically troubled commonwealth of Puerto Rico. Treasury Secretary Jack Lew sent a letter to Congress last month claiming that "only Congress can enact the legislative measures necessary to fully resolve this problem."

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