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What is an NS&I Green Savings Bond?

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In short: A fixed-term NS&I bond where proceeds finance green government projects. Rate is set at each issue and locked for the term — typically three years — with penalties for early access.

Last reviewed:

Reviewed by Kaiser Khan

Green bonds appeal to savers wanting Treasury backing plus environmental purpose. Rates may not always beat best-buy fixed savings from banks.

Each issue has a subscription window and maximum deposit. Money is not protected by FSCS but is 100% HM Treasury backed.

Compare with standard fixed-rate bonds on our best savings rates page.

Primary source: nsandi.com

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