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UK's NS&I cuts Premium Bond rewards, dropping the prize fund rate to 3.80% in April 2025.
The UK's National Savings and Investments (NS&I) is reducing Premium Bond rewards, with the prize fund rate dropping from 4% to 3.80% starting April 2025.
This cut follows a £5.5 billion net inflow between October and December 2024.
The reduction will decrease the number of £100,000 prizes and experts predict further cuts as NS&I aims for a £9 billion net financing target this year.
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El NS&I del Reino Unido recorta las recompensas de bonos Premium, bajando la tasa de premios al 3,80% en abril de 2025.