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Guaranteed Income Bonds

Fixed rate bonds that give a monthly income


How to invest

Off
sale

A fixed rate bond that gives you a monthly income

With Guaranteed Income Bonds from NS&I you can invest for a set period, knowing exactly what rate of return you’ll receive. You’ll have a guaranteed income from your investment, so you can plan what you want to do with it each month.

There are no Issues on general sale at the moment, but if you sign up below for email updates
we’ll let you know as soon as the next Issues go on sale.


Sign up for email updates

Fill in your details below to receive email updates on developments at NS&I. It’s the quickest, easiest way to stay up-to-date with the latest information from us about new Issues of our fixed-rate savings and investments, interest rate changes, events, competitions and more.

We won't share your personal information with other companies for their marketing purposes. We sometimes use other companies to deliver emails from NS&I on our behalf, but we won't allow them to use your details for anything else.

By completing this form you are confirming that you are 18 or over and you agree to receive email updates at the address you provide.

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You can unsubscribe at any time.


Manage existing Bonds

Guaranteed Income Bonds will start changing on 20 September 2012

This means that the way you can look after your Bond depends on when you invested in it.

Changes

If you invested in, or renewed, the Bond before 20 September 2012, find out more here >

If you invested in, or renewed, the Bond on or after 20 September 2012, find out more here >

If the changes affect you, we'll write to you around 30 days before your Bond matures. Below is a brief overview of the changes.


What’s new with Guaranteed Income Bonds?

The changes at a glance


Financial changes

  • higher investment allowance

Looking after your investment

  • annual statements to help you keep track
  • new online and phone service

Rules for investors

  • joint investors can combine their investment allowance

If you have an existing Guaranteed Income Bond, don’t worry. The changes will only affect you if your Bond matures on or after 20 September 2012, and you choose to renew it for a further term. So you don’t need to do anything yet.

We’ll write to you around 30 days before your Bond matures, to remind you that it’s time to decide what to do with your money. We’ll include full details of the changes to your investment, together with information explaining your choices for renewing or cashing in.

Find out more about the changes


For Bonds invested in or renewed before 20 September 2012

Before

This information is for customers who invested in, or renewed, Guaranteed Income Bonds before 20 September 2012.

If you have any Bonds that you invested in, or renewed, on or after 20 September 2012, you can find out more here >


Each time we release a new Issue, you can invest up to a further £1 million per person in it regardless of how much you may have invested in previous Issues. The minimum for each investment is £500.

Joint investors can combine their allowance to invest up to £2 million per Issue (when on sale). Half of any amount you invest jointly will count towards your personal investment limit. For example, if you invested £1 million jointly in a particular Issue, you could still invest a further £500,000 in that Issue in your own name.

There are no Issues on general sale at the moment, but if you register for email updates we’ll let you know as soon as the next Issues go on sale.

Register today


You can cash in all or part of your Guaranteed Income Bond before the end of the term, but we will deduct a penalty equivalent to 90 days’ interest on the amount you cash in. Please note that if you cash in within the first 90 days, you will get back less than you invested. If you cash in part of your Bond, you must keep at least £500 invested.

To cash in, you can download and complete the cashing in form below and post it to us, or call us and we’ll send you one. To cash in a joint Bond, both investors must sign.

Please note that the form below is only to cash in Bonds invested in or renewed before 20 September 2012. If you’re unsure if this is the correct form for you, please call us .

Download the Guaranteed Income Bond cashing in form


We will write to you around 30 days before your investment matures, to explain the options. We'll include the value of your investment, together with information explaining your choices for renewing or cashing in.

If you want to renew or cash in at maturity your completed form must reach us no later than two working days before your investment matures (this is to give us time to process your instructions).

The minimum you can renew for a different term is £500.


Please let us know if you change any of your details to make sure any communications reach you.

Find out how to change your details


For Bonds invested in or renewed on or after 20 September 2012

After

This information is for customers who invested in, or renewed, Guaranteed Income Bonds on or after 20 September 2012.

If you have any Bonds that you invested in, or renewed, before 20 September 2012, you can find out more here >


Looking after your Bond online and by phone

Using our online service is a safe, simple and convenient way to manage your NS&I Guaranteed Income Bond. Once you’ve registered and heard from us that your service is up and running, you’ll be able to:

  • apply to buy Guaranteed Income Bonds (when Issues are on sale) and other NS&I accounts and investments
  • keep track of your money with NS&I
  • cash in (remember there is a penalty for cashing in early)
  • keep your details up to date including your address, email and nominated bank accounts
  • give us your instructions when your Bond matures
  • choose to go paperless (available online only)
Find out more


Each time we release a new Issue, you can invest up to a further £1 million per person in it regardless of how much you may have invested in previous Issues. The minimum for each investment is £500.

Joint investors can combine their allowance to invest up to £2 million per Issue (when on sale). Half of any amount you invest jointly will count towards your personal investment limit. For example, if you invested £1 million jointly in a particular Issue, you could still invest a further £500,000 in that Issue in your own name.

There are no Issues on general sale at the moment, but if you register for email updates we’ll let you know as soon as the next Issues go on sale.

Register today


You can cash in all or part of your Guaranteed Income Bond before the end of the term, but we will deduct a penalty equivalent to 90 days’ interest on the amount you cash in. Please note that if you cash in within the first 90 days, you will get back less than you invested. If you cash in part of your Bond, you must keep at least £500 invested.

If you’ve registered to use our online and phone service, you can cash in by logging in here or calling 0500 007 007 . Otherwise download and complete the cashing in form below.

Please note that the form below is only to cash in Bonds invested in or renewed on or after 20 September 2012. If you’re unsure if this is the correct form for you, please call us .

Download the Guaranteed Income Bond cashing in form


If you’ve registered to use our online and phone service, you can get a valuation by logging in here or calling 0500 007 007 . Otherwise just write to us for a valuation.


We will write to you around 30 days before your investment matures, to explain the options. We'll include the value of your investment, together with information explaining your choices for renewing or cashing in.

If you are registered for our online and phone service you can provide your maturity instructions online or over the phone - we will explain how to do this at the time.

If you have chosen our paperless service on your maturing investment we will email you 30 days before your investment matures to let you know your maturity options are ready to view online.

If you want to renew or cash in at maturity your instructions must reach us no later than two working days before your investment matures (this is to give us time to process your instructions).

The minimum you can renew for a different term is £500.


If you’ve registered to use our online and phone service, you can change your details using our online and phone service by logging in here or calling 0500 007 007 .

Or you can let us know the changes by post by writing to us >