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NS&I issues update on cut to Premium Bonds prize fund rate - see statement

  • NS&I lowered Premium Bonds prize fund rates to 3.8% for April's draw.
  • NS&I made the change due to shifts in the savings market landscape.
  • The changes were announced earlier this year and last adjusted January 2025.
  • An NS&I spokesperson stated they ensure products reflect current market conditions.
  • Despite rate changes, the odds of winning remained 22,000 to one.
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Ilkley GazetteIlkley Gazette
+8 Reposted by 8 other sources
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NS&I issues update on cut to Premium Bonds prize fund rate - see statement

National Savings and Investments (NS&I) has explained why the Premium Bonds prize fund rate has been cut in April.

·Ilkley, United Kingdom
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Plymouth HeraldPlymouth Herald
Center

NS&I update over prize rate reduction amid 'market changes'

Experts have warned more rate cuts could on the cards

·Plymouth, United Kingdom
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Plymouth Herald broke the news in Plymouth, United Kingdom on Saturday, April 5, 2025.
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