National Savings and Investments (NS&I) recently announced changes to interest rates for its fixed-term products which came into effect on September 11. The savings institution, which is primarily known for its Premium Bonds product, is cutting rates following the Bank of England’s decision to ease the base rate. New Issues of NS&I’s British Savings Bonds, including two-year, three-year, and five-year options, have been released with updated interest rates. These bonds are fixed-term Issues of NS&I’s Guaranteed Growth Bonds and Guaranteed Income Bonds. According to the Government-owned bank, t…