Yorkshire's one-year online bond "exceptionally popular"
"We knew that customers were interested in shorter term investments because of speculation about a rise in the Bank of England base rate but this bond is proving exceptionally popular," savings product manager Mike Helliwell said.
"With a minimum balance of £1,000, savers can get a best buy rate and keep their options open about what to do with their cash in a year's time," he added.
The one-year online bond, which pays 3.5 per cent gross/AER, matures in Jul 2012 and savers can invest a maximum of £2,000,000.
Meanwhile, its 18-month counterpart pays 3.6 per cent gross/AER and matures in February 2013.
Yorkshire Building Society is the second largest building society in the UK, incorporating the Chelsea Building Society and Barnsley Building Society brands.
It has two million members, 178 branches and 90 agencies across the UK.
Use the Myfinances.co.uk comparison tables to find the best deal on savings bonds
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