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The new Green Savings Bonds announced by the Chancellor of the Exchequer in the 2021 Spring Budget are available to purchase online with a 0.65% gross/AER fixed rate over a three-year term from Friday 22 October.
Green Savings Bonds will be on sale for a minimum period of three months.
The minimum investment is £100 with a maximum limit of £100,000 per person and investors need to be aged 16 or over to purchase the new Bonds from NS&I. The full amount deposited will be held for three years and cannot be withdrawn during this time.
Green Savings Bonds will help finance the Government’s green spending projects designed to tackle climate change and help make the UK greener and more sustainable. These projects will include making transport greener, using renewable energy over fossil fuels, preventing pollution, using energy more efficiently, protecting natural resources and adapting to a changing climate.
Please refer to the following link to find out more:
https://www.nsandi.com/products/green-savings-bonds
The content of this email is for information only. It does not represent advice or a recommendation and should not be interpreted as such. Please do not act upon any part of it without first having consulted an Independent Financial Adviser.
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