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The move comes to ensure that the product is 'priced appropriately' when compared to the rest of the ISA market, as well as 'balance the interests' of- savers, taxpayers and the broader financial services sector.
As the US banking crisis rumbles on, investors are moving into Treasury-backed accounts
Two lucky Britons became millionaires in April's Premium Bonds prize draw.
The government-backed bank has a new funding target, which could prompt it to boost the rates on its Premium Bonds, ISAs and bonds.
The Government has tasked NS&I with attracting £7.5bn from savers in the next 12 months, despite many of its savers leaving for better deals elsewhere.