Bradford & Bingley: Four new fixed-rate bonds
Tuesday, 04 Mar 2008 13:25
Bradford & Bingley is launching four new limited edition fixed-rate bonds.
Among the range includes a six-month fixed-rate bond at 6.1 per cent gross (6.19 per cent AER) and a six-month eBond at the same rate.
The eBond matures six months after opening, while the other bond – available at branches and by phone – matures on September 30th.
The bank is also bringing out two one-year bonds: one available through branches and on the phone, and one online. Both offer 6.1 per cent gross/AER.
Paul Whitlock, head of savings at Bradford & Bingley, said: "Our new fixed rate bonds offer customers the choice of snapping up the same great rate for either six months or a year, and the flexibility of operating their account in the most convenient way for them.
"With all four bonds available on a first come, first served basis, savers looking for a highly competitive fixed return on their savings should act now to avoid disappointment."