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NS&I announces delivery of £0.8bn net financing in provisional Q2 2021-22 results  

NS&I

 

  • Q2 2021-22 Net Financing of £0.8 billion

  • Half-year Net Financing total of £0.6 billion, against a whole-year target of £6 billion, in a range of £3 billion to £9 billion

  • NS&I delivered £21 million of savings to the taxpayer in Q2 2021-22, as measured by the Value Indicator

NS&I has today published its latest unaudited quarterly figures, for the second quarter (July-September 2021) of the financial year 2021-22. NS&I delivered £0.8 billion of Net Financing in Q2 2020-21, giving a year-to-date total of £0.6 billion.

NS&I delivered £21 million of savings to the taxpayer in Q2 2021-22, as measured by the Value Indicator. NS&I’s Value Indicator target for 2021-22, agreed with HM Treasury, is to be more positive than -£900 million.

NS&I’s Net Financing target for 2021-22 is unchanged, at £6 billion, in a range of £3 billion to £9 billion. NS&I expects to attract additional Net Financing in the second half of 2021-22. NS&I’s overall Net Financing performance for 2021-22 will be announced as part of its annual results in the summer of 2022.

Unaudited Q1 and Q2 2021-22 results (1 April – 30 September 2021)

Qtr / year Gross inflows (including reinvestments)

£bn

 

C&AIP*

£bn

 

Gross outflows

£bn

 

Net Financing

£bn

 

Total stock

£bn

 

Value Indicator

£bn

 

Q2 2021-22

(unaudited)

10.1 0.6 9.8 0.8 203.6 0.02***
Q1 2021-22

(unaudited)

12.2 0.6 13.0 -0.2 202.8

 

0.04***

 

Unaudited Q2 2021-22 results (1 July – 30 September 2021)

Quarter Gross inflows (including reinvestments)

£bn

 

C&AIP*

£bn

Gross outflows

£bn

Net Financing

£bn

Total stock (as at 30 September

£bn)

 

Value  Indicator

£bn

 

Q2 2021-22

(unaudited)

 

10.1 0.6 9.8 0.8 203.6 0.02***
Q2 2020-21 33.2 0.7 10.0 23.9 217.7 N/A

 

 

Unaudited Q1 2021-22 results (1 April – 30 June 2021)

Quarter Gross inflows (including reinvestments)

£bn

 

C&AIP*

£bn

Gross outflows

£bn

Net Financing

£bn

Total stock (as at 30 June

£bn)

 

Value  Indicator

£bn

 

Q1 2021-22

(unaudited)

 

12.2 0.6 13.0 -0.2 202.8 0.04***
Q1 2020-21 20.0 0.6 6.1 14.6 193.8 N/A

 

 

NS&I financial results 2016-17 to 2020-21

Year Gross inflows (including reinvestments)

£bn

 

C&AIP*

£bn

 

Gross outflows

£bn

Net Financing

£bn

Total stock

£bn

Value Indicator

£bn

 

2020-21 86.2 2.2 64.6 23.8 203.0 N/A
2019-20

 

38.2 2.6 29.2 11.6 179.2 -0.9****
2018-19

 

37.3 2.4 28.9 10.8 167.6 0.01***
2017-18 42.7 2.5 35.4 9.8 156.7 0.2***
2016-17

 

35.0 2.3 25.5 11.8 146.9 0.1**

All figures are in £ billion and are subject to rounding. Q2 2021-22 figures are provisional, unaudited and subject to change due to transaction processing (evidence of identity) adjustments, cancellation and any accounting adjustments.

*C&AIP is capitalised and accrued interest and prizes earned. All figures are in £ billion and subject to rounding.

**Excluding 65+ Bonds.

***Excluding 65+ Bonds and Investment Guaranteed Growth Bonds.

****Excluding Investment Guaranteed Growth Bonds.

 

 

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