'Competitive' fixed-rate bond announced by Nationwide
Nationwide Building Society has unveiled details of a new four-year fixed-rate bond.
The offer will come into effect from June 30th and provides 4.15 per cent gross annual equivalent rate for balances of £1 and above for annual interest options.
Director of savings and investments at the organisation Robin Bailey said the bond is a competitive product.
The expert remarked: "It compliments our existing range of fixed-rate bonds," which he added each offer a guaranteed rate of interest in the continued low interest rate environment.
Close of business today (June 29th) will see the withdrawal of the current six-month fixed-rate bond, the building society noted.
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