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Two £1 Million Premium Bonds Winners as NS&I Faces £13 Billion Funding Target

Analysts are watching the 3.60% prize fund rate given the larger financing goal.

Overview

  • November’s top prizes went to bond numbers 258GE105589 in Shropshire and 568FY679677 in York, each worth £1 million.
  • More than six million prizes totaling over £401 million were awarded in the November draw.
  • The Treasury has increased NS&I’s 2025–26 net financing target to £13 billion with a £4 billion flexibility margin, and NS&I raised £3.9 billion in the first half of the year.
  • Market commentators say fundraising needs could support holding or lifting the 3.60% prize fund rate, while expected rate cuts elsewhere could pressure it lower.
  • Jackpot winners are contacted by Agent Million, and bondholders can check results via the NS&I app, website or Alexa; the December draw is on Tuesday 2 December with results published the next day.