Yorkshire BS launch competitive new savings bonds
Wednesday, 03 August 2011 03:48
Yorkshire Building Society has released a new online one year savings bond that pays 3.45 per cent interest gross/AER.
This rate will take the new product close to the top of the best buy tables and is one of a range of short term savings options that the Yorkshire Building Society offers.
They have also released an 18 month bond that offers 3.6 per cent interest gross/AER. The minimum investment amount is £1,000 for both bonds and savers can invest up to £2,000,000.
Yorkshire Building Society’s Savings Product Manager Mike Helliwell said: "As swaps rates continue to change within the market here at the Yorkshire we are continuing to provide competitive rates for our customers through a range of products.
"We believe this new one year e-bond will be attractive to customers who are wishing to make the most of their savings at this time."
The one year bond matures in August 2012 and is available online. Meanwhile, the 18 month bond, which matures in February 2013, can be opened by telephone or in any of the Yorkshire's branches or agencies.
Use the Myfinances.co.uk comparison tables to find the best deal on a savings bond
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