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NS&I provisional Q1 2021-22 results

NS&I

NS&I today published its latest unaudited quarterly figures, for the first quarter (April-June 2021) of the financial year 2021-22.

Net Financing for the quarter was -£0.2 billion. The impact of the interest rate reductions made by NS&I towards the end of 2020 has continued to be reflected in the volume of outflows NS&I experienced in Q1 2021-22, while the opening up of the economy has also had an effect on savers’ behaviour.

NS&I delivered £38 million of savings to the taxpayer in Q1 2021-22, as measured by the Value Indicator.

The March 2021 Budget set NS&I’s Net Financing target for 2021-22 at £6 billion (+/- £3 billion) and a Value Indicator target for 2021-22 has been agreed with HM Treasury to be more positive than -£900 million.

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

Q1 2021-22

  • Gross inflows (including reinvestments) £bn: 12.2
  • C&AIP £bn: 0.6
  • Gross outflows £bn: 13.0
  • Net Financing £bn: -0.2
  • Total stock (as at 30 June £bn): 202.8
  • Value Indicator £bn: 0.04

Q1 2020-21

  • Gross inflows (including reinvestments) £bn: 20.0
  • C&AIP £bn: 0.6
  • Gross outflows £bn: 6.1
  • Net Financing £bn: 14.6
  • Total stock (as at 30 June £bn): 193.8
  • Value Indicator £bn: N/A

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

2020-21

  • Gross inflows (including reinvestments) £bn: 86.2
  • C&AIP £bn: 2.2
  • Gross outflows £bn: 64.6
  • Net Financing £bn: 23.8
  • Total stock (as at 30 June £bn): 203.0
  • Value Indicator £bn: N/A

2019-20

  • Gross inflows (including reinvestments) £bn: 38.2
  • C&AIP £bn: 2.6
  • Gross outflows £bn: 29.2
  • Net Financing £bn: 11.6
  • Total stock £bn: 179.2
  • Value Indicator £bn: -0.9

2017-18

  • Gross inflows (including reinvestments) £bn: 37.3
  • C&AIP £bn: 2.4
  • Gross outflows £bn: 28.9
  • Net Financing £bn: 10.8
  • Total stock £bn: 167.6
  • Value Indicator £bn: 0.01

2017-18

  • Gross inflows (including reinvestments) £bn: 42.7
  • C&AIP £bn: 2.5
  • Gross outflows £bn: 35.4
  • Net Financing £bn: 9.8
  • Total stock £bn: 156.7
  • Value Indicator £bn: 0.2

2016-17

  • Gross inflows (including reinvestments) £bn: 35.0
  • C&AIP £bn: 2.3
  • Gross outflows £bn: 25.5
  • Net Financing £bn: 11.8
  • Total stock £bn: 146.9
  • Value Indicator £bn: 0.1

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