NS&I Provisional Q2 2021-22 results

  • 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 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.

 

NS&I reports quarterly on gross inflows and outflows, Net Financing and total stock.  Each quarter, NS&I issues these unaudited figures and publishes its Annual Report and audited accounts each financial year.

 

–Ends–

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