NS&I savings certificates 'unlikely' to return this year

The savings organisation said the government's Net Financing Target for 2012/13 was set at zero, meaning it is not required to grow its existing £100bn stock any further. Its Net Financing Target for 2011/12 was £2bn - meaning it could put the inflation-beating certificates on sale. The Net Financing Target for NS&I is based on a balance of the interests of savers, the wider financial services industry and taxpayers and is usually set in the Budget.