Bradford & Bingley: 2 new 6-month bonds
Friday, 08 Feb 2008 11:21
Bradford & Bingley is launching two new six-month fixed rate bonds.
The two bonds – one only available online – have rates of 6.40 per cent pa gross (5.12 per cent pa net).
Minimum deposits are £1,000 and the maximum balance is £2 million. No withdrawals are permitted and both bonds have the option of monthly interest payments.
Paul Whitlock, head of savings at Bradford & Bingley, said: "With both the eBond and the regular bond offering the same rate, customers can choose to arrange their savings in a way that is most convenient to them.
"Our fixed term six-month bonds offer great value to those investors who want to take advantage of exceptional fixed savings rates but who don't want to have to tie their money up for a long period of time."