-
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
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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.
