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NATIONAL SAVINGS

Fixed Interest Certificates:What current and past issues pay plus year by year interest rates

The 5 year issues are shown first followed by the 2 year issues .

There is no maximum limit in the amount which can be re-invested from issues which have passed their original maturity into the current issues of Fixed Interest or Index Linked Certificates. All increases in the value of the certificates are tax-free. Nothing has to be declared on a tax return.

Rates for the current and previous issues are highlighted in blue where the interest on the new issue is better than the previous issue and in red where the interest on the new issue is worse than the previous issue. If the most recent issue is not listed below, check rates here

92nd Fixed 5 Year Savings Certificates
Investment made since 18 June 2008. The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
3.5% 3.1% 3.2% 3.4% 3.7 4.11

91st Fixed 5 Year Savings Certificates
Investment made since 22 May 2008. The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
2.95% 2.55% 2.65% 2.85% 3.15% 3.56%

90th Fixed 5 Year Savings Certificates
The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
2.75% % % % % %

89th Fixed 5 Year Savings Certificates
The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
3% 2.6% 2.7% 2.9% 3.2% 3.61%

88th Fixed 5 Year Savings Certificates
The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
3.15% 2.75% 2.85% 3.05% 3.35% 3.76%

87th Fixed 5 Year Savings Certificates
The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
3.6% 3.1% 3.2% 3.4% 3.7% 4.11%

86th Fixed 5 Year Savings Certificates
The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
3.85%

85th Fixed 5 Year Savings Certificates
The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
3.6%

84th Fixed 5 Year Savings Certificates
The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
3.5% 3.1% 3.2% 3.4% 3.7% 4.11%

83rd Fixed 5 Year Savings Certificates
The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
3.2% 2.8% 2.9% 3.1% 3.4% 3.81%

82nd Fixed 5 Year Savings Certificates
The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
3.05%

81st Fixed 5 Year Savings Certificates
Investment made since 30 December 2005. The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
2.95% 2.55% 2.65% 2.85% 3.15% 3.56%

80th Fixed 5 Year Savings Certificates
Investment made since 21 July 2005. The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
2.85% 2.45% 2.55% 2.75% 3.05% 3.46%

79th Fixed 5 Year Savings Certificates
Investment made since 25 November 2004. The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
3.05% 2.65% 2.75% 2.95% 3.25% 3.66%

78th Fixed 5 Year Savings Certificates
Investment made since 19 August 2004. The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
3.45% 3.05% 3.15% 3.35% 3.65% 4,.06%

77th Fixed 5 Year Savings Certificates
Investment made since 24 June 2004. The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
3.65% 3.25% 3.35% 3.55% 3.85% 4,.26%

76th Fixed 5 Year Savings Certificates
Investment made since 20 May 2004. The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
3.45% 3.05% 3.15% 3.35% 3.65% 4.06%

75th Fixed 5 Year Savings Certificates
Investment made since 22 April 2004. The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
3.25% 2.85% 2.95% 3.15% 3.45% 3.86%

74th Fixed 5 Year Savings Certificates
Investment made since 19 February 2004. The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
3.2% 2.8% 2.9% 3.1% 3.4% 3.81%

73rd Fixed 5 Year Savings Certificates
Investment made since 20 November 2003. The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
3.4% 3% 3.1% 3.3% 3.6% 4.01%

72nd Fixed 5 Year Savings Certificates
Investment made from 22 October to 19 November 2003. The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
3.15% 2.8% 2.9% 3.1% 3.3% 3.66%

71st Fixed 5 Year Savings Certificates
Investment made from 25 September to 21 October 2003. The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
3% 2.65% 2.75% 2.95% 3.15% 3.51%

70th Fixed 5 Year Savings Certificates
Investment made from 21 August to 24 September 2003. The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
2.85% 2.5% 2.6% 2.8% 3.0% 3.36%

69th Fixed 5 Year Savings Certificates
Investment made from 26 June to 20 August 2003. The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
2.55% 2.2% 2.3% 2.5% 2.7% 3.06%

68th Fixed 5 Year Savings Certificates
Investment made from 21 February to 25 June 2003. The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
2.7% 2.35% 2.45% 2.65% 2.85% 3.21%

67th Fixed 5 Year Savings Certificates
Investment made from 5 to 20 February 2003. The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
2.85% 2.5% 2.6% 2.8% 3.0% 3.36%

66th Fixed 5 Year Savings Certificates
Investment made from 28 November 2002 to 4 February 2003. The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
3.05% 2.7% 2.8% 3% 3.2% 3.56%

65th Fixed 5 Year Savings Certificates
Investment made from 4 October to 27 November 2002. The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
2.9% 2.55% 2.65% 2.85% 3.05% 3.41%

64th Fixed 5 Year Savings Certificates
Investment made from 23 August to 3 October 2002. The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
3.1% 2.75% 2.85% 3.05% 3.25% 3.61%

63rd Fixed 5 Year Savings Certificates
Investment made from 25 January to 22 August 2002. The average yield and the yield in each year is given below:

Average yield for 5 years   Year 1   Year 2   Year 3    Year 4   Year 5  
3.45% 3.1% 3.2% 3.4% 3.6% 3.96%

62nd Fixed 5 Year Savings Certificates
£100 investment made from 30 November 2001 to 24 January 2002. Original average yield if held full 5 years is 3.25% a year. The yield in each year is given below:

Year    Value at start   
£
Value at end  
£
Yield for year   
%
1 100.00 102.90 2.9
2 102.90 105.98 3.0
3 105.98 109.38 3.2
4 109.38 113.10 3.4
5 113.10 117.35 3.76

61st Fixed 5 Year Savings Certificates
£100 investment made from 26 October to 29 November 2001. Original average yield if held full 5 years is 3.5% a year. The yield in each year is given below:

Year    Value at start   
£
Value at end  
£
Yield for year   
%
Yield if held until the end of year 5
%
1 100.00 103.20 3.2 3.50
2 103.20 106.61 3.3 3.58
3 106.61 110.23 3.4 3.67
4 110.23 114.20 3.6 3.81
5 114.20 118.78 4.01 4.01

60th Fixed 5 Year Savings Certificates
£100 investment made since 24 August to 25 October 2001. Original average yield if held full 5 years is 3.65% a year. The yield in each year is given below:

Year    Value at start   
£
Value at end  
£
Yield for year   
%
Yield if held until the end of year 5
%
1 100.00 103.35 3.35 3.65
2 103.35 106.92 3.45 3.73
3 106.92 110.71 3.55 3.82
4 110.71 114.86 3.75 3.95
5 114.86 119.64 4.16 4.16

59th Fixed 5 Year Savings Certificates
£100 investment made from 19 July to 23 August 2001. Original average yield if held full 5 years is 3.8% a year. The yield in each year is given below:

Year    Value at start   
£
Value at end  
£
Yield for year   
%
Yield if held until the end of year 5
%
1 100.00 103.5 3.5 3.80
2 103.50 107.23 3.6 3.88
3 107.23 111.19 3.7 3.97
4 111.19 115.53 3.9 4.11
5 115.53 120.51 4.31 4.31

58th Fixed 5 Year Savings Certificates
£100 investment made since 24 May 2001. Original average yield if held full 5 years is 3.7% a year. The yield in each year is given below:

Year    Value at start   
£
Value at end  
£
Yield for year   
%
Yield if held until the end of year 5
%
1 100.00 103.40 3.4 3.70
2 103.40 107.02 3.5 3.78
3 107.02 110.87 3.6 3.87
4 110.87 115.08 3.8 4.01
5 115.08 119.93 4.21 4.21

57th Fixed 5 Year Savings Certificates
£100 investment made from 23 January to 23 May 2001. Original average yield if held full 5 years is 3.55% a year. The yield in each year is given below:

Year    Value at start   
£
Value at end  
£
Yield for year   
%
Yield if held until the end of year 5
%
1 100.00 103.25 3.25 3.55
2 103.25 106.71 3.35 3.63
3 106.71 110.39 3.45 3.72
4 110.39 114.42 3.65 3.86
5 114.42 119.07 4.06 4.06

56th Fixed 5 Year Savings Certificates
£100 investment made from 5 December 2000 to 22 January 2001. Original average yield if held full 5 years is 3.8% a year. The yield in each year is given below:

Year    Value at start   
£
Value at end  
£
Yield for year   
%
Yield if held until the end of year 5
%
1 100.00 103.50 3.5 3.80
2 103.50 107.23 3.6 3.89
3 107.23 111.19 3.7 3.97
4 111.19 115.52 3.9 4.11
5 115.52 120.51 4.31 4.32

55th Fixed 5 Year Savings Certificates
£100 investment made from 23 June to 4 December 2000. Original average yield if held full 5 years is 4.15% a year. The yield in each year is given below:

Year    Value at start   
£
Value at end  
£
Yield for year   
%
Yield if held until the end of year 5
%
1 100.00 103.70 3.7 4.15
2 103.70 107.69 3.85 4.26
3 107.69 112.05 4.05 4.40
4 112.05 116.87 4.3 4.57
5 116.87 122.55 4.86 4.86

54th Fixed 5 Year Savings Certificates
£100 investment made from 27 January to 22 June 2000. Original average yield if held full 5 years is 4.5% a year. The yield in each year is given below:

Year    Value at start   
£
Value at end  
£
Yield for year   
%
Yield if held until the end of year 5
%
1 100.00 104.10 4.1 4.50
2 104.10 108.47 4.2 4.60
3 108.47 113.25 4.4 4.73
4 113.25 118.45 4.6 4.90
5 118.45 124.63 5.21 5.21

53rd Fixed 5 Year Savings Certificates
£100 investment made from 8 October 1999 to 26 January 2000. Original average yield if held full 5 years is 4.3% a year. The yield in each year is given below:

Year    Value at start   
£
Value at end  
£
Yield for year   
%
Yield if held until the end of year 5
%
1 100.00 103.90 3.9 4.30
2 103.90 108.06 4.0 4.40
3 108.06 112.59 4.2 4.54
4 112.59 117.55 4.4 4.71
5 117.55 123.44 5.01 5.01

52nd Fixed Issue Savings Certificates
£100 investment made from 14 July to 7 October 1999. Original average yield if held full 5 years is 3.85% a year.Yield in each year given below:

Year    Value at start   
£
Value at end  
£
Yield for year   
%
Yield if held until the end of year 5
%
1 100.00 103.50 3.50 3.85
2 103.50 107.23 3.60 3.94
3 107.23 111.19 3.70 4.05
4 111.19 115.59 3.95 4.23
5 115.59 120.80 4.51 4.51

51st Fixed Issue Savings Certificates
£100 investment made from 20 May to 13 July 1999. Original average yield if held full 5 years is 3.65% a year.Yield in each year given below:

Year    Value at start   
£
Value at end  
£
Yield for year   
%
Yield if held until the end of year 5
%
1 100.00 103.30 3.30 3.65
2 103.30 106.81 3.40 3.74
3 106.81 110.55 3.50 3.85
4 110.55 114.70 3.75 4.03
5 114.70 119.64 4.31 4.31

7th to 44th issues and Yearly Plan Certificates which matured before 8 October 2001 .
These now pay the General Extension rate which was raised to 3.15% from 24 October 2007.

Now at the end of the 5 year term National Savings writes to you asking you whether you want to cash or re-invest in any of the four types of fixed or index-linked certificates; if you do nothing your proceeds are automatically re-invested in the current issue of the same term you originally had. Generallly speaking you would do better by switching to index-linked issues.

2 Year Fixed Issues:

Rates for the current and previous issues are highlighted in blue where the interest on the new issue is better than the previous issue and in red where the interest on the new issue is worse than the previous issue.

43rd Fixed 2 Year Savings Certificates
Investment made since 18 June 2008. The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
3.5% 3.4% 3.61%

42nd Fixed 2 Year Savings Certificates
Investment made since 22 May 2008. The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
2.9% 2.8% 3.01%

41st Fixed 2 Year Savings Certificates
The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
2.6%

40th Fixed 2 Year Savings Certificates
The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
2.9% 2.8% 3.01%

39th Fixed 2 Year Savings Certificates
The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
3.2% 3.1% 3.31%

38th Fixed 2 Year Savings Certificates
The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
3.6% 3.5% 3.71%

37th Fixed 2 Year Savings Certificates
The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
3.95%

36th Fixed 2 Year Savings Certificates
The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
3.75%

35th Fixed 2 Year Savings Certificates
The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
3.65% 3.55% 3.76%

34th Fixed 2 Year Savings Certificates
The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
3.35% 3.25% 3.46%

33rd Fixed 2 Year Savings Certificates
The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
3.2% 3.1% 3.31%

32nd Fixed 2 Year Savings Certificates
The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
3.05%

31st Fixed 2 Year Savings Certificates
Investment made since 30 December 2005. The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
2.95% 2.85% 3.06%

30th Fixed 2 Year Savings Certificates
Investment made since 21 July 2005. The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
2.85% 2.7% 2.91%

29th Fixed 2 Year Savings Certificates
Investment made since 25 November 2004. The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
3% 2.9% 3.11%

28th Fixed 2 Year Savings Certificates
Investment made since 19 August 2004. The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
3.35% 3.25% 3.46%

27th Fixed 2 Year Savings Certificates
Investment made since 24 June 2004. The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
3.5% 3.4% 3.61%

26th Fixed 2 Year Savings Certificates
Investment made since 22 May 2004. The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
3.25% 3.15% 3.36%

25th Fixed 2 Year Savings Certificates
Investment made since 22 April 2004. The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
3.05% 2.95% 3.16%

24th Fixed 2 Year Savings Certificates
Investment made from 19 February to 21 April 2004. The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
2.95% 2.9% 3.01%

23rd Fixed 2 Year Savings Certificates
Investment made from 20 November 2003 to 18 February 2004. The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
3.05% 3% 3.11%

22nd Fixed 2 Year Savings Certificates
Investment made from 22 October to 19 November 2003. The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
2.7% 2.65% 2.76%

21st Fixed 2 Year Savings Certificates
Investment made from 25 September to 21 st October 2003. The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
2.7% 2.65% 2.76%

20th Fixed 2 Year Savings Certificates
Investment made from 25 August to 24 September 2003. The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
2.55% 2.5% 2.61%

19th Fixed 2 Year Savings Certificates
Investment made from 26 June to 24 August 2003. The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
2.25% 2.05% 2.46%

18th Fixed 2 Year Savings Certificates
Investment made from 21 February to 25 June 2003. The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
2.4% 2.15% 2.66%

17th Fixed 2 Year Savings Certificates
Investment made from 5 to 21 February 2003.. The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
2.6% 2.35% 2.86%

16th Fixed 2 Year Savings Certificates
Investment made from 28 November 2002 to 4 February 2003. The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
2.75% 2.5% 3.01%

15th Fixed 2 Year Savings Certificates
Investment made from 23 August to 27 November 2002. The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
2.55% 2.3% 2.81%

14th Fixed 2 Year Savings Certificates
Investment made from 23 August to 3 October 2002. The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
2.7% 2.5% 2.91%

13th Fixed 2 Year Savings Certificates
Investment made from 26 July to 22 August 2002. The average yield and the yield in each year is given below:

Average yield for 2 years   Year 1   Year 2  
3.0% 2.75% 3.26%

12th Fixed 2 Year Savings Certificates
£100 investment made from 25 January to 25 July 2002. Original average yield if held full 2 years is 3.25% a year. The yield in each year is given below:

Year
Value at start  
£
Value at end  
£
Yield for year   
%
1 100.00 103.00 3.00
2 103.00 106.62 3.51

11th Fixed 2 Year Savings Certificates
£100 investment made from 30 November 2001 to 24 January 2002. Original average yield if held full 2 years is 2.95% a year. The yield in each year is given below:

Year
Value at start  
£
Value at end  
£
Yield for year   
%
1 100.00 102.95 2.95
2 102.95 106.31 3.26

At the end of the 2 year term, National Savings writes to you asking you whether you want to cash or re-invest ; if you do nothing your proceeds are automatically re-invested in the current issue of the same term you originally had.

To cash older certificates you need a form for each holder. Some certificates have the form on the back. You will be reminded when the term is due to expire.


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Last updated 22 June 2008.