Bradford & Bingley: 4.34% savings bond

Monday, 14 September 2009 12:00

Bradford & Bingley is paying 4.35 per cent interest on its latest offering to the fixed-rate bond market.

The two-year bond is available online to new and existing customers with a minimum of £10,000 to invest.

And customers can choose to earn interest annually, at the full rate, or monthly at a gross rate of 4.27 per cent or 3.42 per cent net.

Reza Attar-Zadeh, director of savings and investments at Bradford and Bingley, said: "We are committed to offering customers savings accounts with competitive interest rates that enable people to save and plan for their futures."

A maximum deposit of £2million is allowed and no withdrawals are allowed until the two-year term ends.

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