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Green NS&I bonds face two big hurdles

If the interest rate is too low, uptake will be weak; too high and taxpayers might well complain
Green NS&I bonds face two big hurdles
  • NS&I set to launch three-year Green Savings Bond
  • Interest rate yet to be unveiled, but bonds won’t be inflation-linked

The UK’s state-owned personal savings bank has announced plans to sell up to £15bn-worth of green savings bonds to the public. National Savings & Investments (NS&I) will offer the bonds for a three-year fixed term, in a bid to raise cash for government-approved projects to fight or adapt to climate change.

Individual savers will be able to invest between £100 and £100,000, though the bank is yet to confirm the interest rate.

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