Due to falling yields in the gilt markets, NS&I are reducing the rates on all fixed rate investments on 2 April 2008.
NS&I is to offer a new guarantee on its popular Direct ISA. From 6 April 2008 the Direct ISA will pay interest at 0.30% above the Bank of England base rate. The limit for cash ISAs will also be raised to £3,600 at the same time.
The Quick Guide to all NS&I products including details of the new fixed rates can be downloaded by clicking here.
