 |
|
|
|
|||||||||||||||||||||||||||||||||||||||
 |
Media centre /
Press releaseNATIONAL SAVINGS AND INVESTMENTS INFLATION-BEATING SAVINGS CASH VALUES IN OCTOBER 200612 September 2006RPI increases to 3.4%The range of Inflation-beating Savings currently offer equivalent returns of up to 7.50% The link below provides the October 2006 cash values for Index-linked Savings Certificates held for one year or more. The charts refer to all certificates bought by investors since their first launch in 1975. The charts show the exact value of a £100 Certificate including supplements, bonuses and extra interest. The calculator and tables can be accessed at www.nsandi.com/products/ilsc/calculator. Retail Prices Index For working out these values in October, the Retail Price Index figure is 199.2. The increase in the Index over the year is 3.4%. Inflation-beating savings rates of return Because Index-linked Saving Certificates offer a tax-free2 return that beats inflation, it makes them particularly attractive for basic as well as higher rate taxpayers. Investment terms and interest rate
ENDS Notes to Editors 1. Valuations for the 2-year, 3-year and 5-year Certificates are shown in separate tabs. They are for indicative purposes only. 2. All returns are free of UK Income Tax and Capital Gains Tax. 3. Customers requiring more information or an exact valuation of a certificate can call National Savings and Investments on 0845 964 5000. Standard call charges apply, please check with your service provider. For your security and to maintain the highest levels of service, calls may be recorded. 4. National Savings and Investments is one of the largest savings organisations in the UK, offering a range of savings and investments products to 26 million customers. All products offer 100% capital security, because they are backed by HM Treasury. 5. 50 years of Premium Bonds – during 2006 and 2007, NS&I will be celebrating 50 years since Premium Bonds were launched in 1956 and the first draw took place in 1957. For more information, contact the NS&I media team. 6. Subscribe to the NS&I RSS newsfeed. Simply copy and paste this link www.nsandi.com/mediacentre.xml into your RSS reader to receive regular news alerts from NS&I.
Media team The numbers below are for media use only. Customers wishing to contact NS&I can find details here.
|
|
Search |
|||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||
 |
|
|
||||||||||||||||||||||||||||||
