Archive for the 'bond' Category

First Direct announces 2.75% one-year bond

Online bank First Direct has launched a new one-year fixed-rate bond paying interest at 2.75%.
The bond is only available to First Direct customers, and can be opened with a deposit of between £2,000 and £49,999.
No deposits or withdrawals can be made once the bond is opened. Customers who need to withdraw money from the [...]

The Coventry launches 4.25% bond

The Coventry Building Society has launched a new 30-month fixed-rate bond paying interest at 4.25%.
Savers can open the bond with an investment of between £1 and £250,000, and can choose between monthly and yearly interest payments.
No money can be withdrawn from the bond until it matures in August 2012.
The bonds are available online, over the [...]

Clydesdale Bank launches 4.5% one-year bond

Clydesdale Bank has launched a new one-year fixed-rate bond paying interest at 4.5%.
The bond is exclusively available to customers also taking out an AXA investment product with the bank.
Savers must invest at least £2,000 in the bond, and the equivalent in an AXA investment product.
No withdrawals can be made from the bond. Customers who [...]

Nationwide’s Stepped Rate Bond ratchets up to 5.25%

Nationwide Building Society has launched a new four-year Stepped Rate Bond paying a headline interest rate of 5.25%.
Interest rates on the bond increase annually.
In year one the bond pays 3.75% gross p.a./AER, 4.25% in year two , 4.75% in year three, and 5.25% in year four.
Savers must invest a minimum of £5,000 to open [...]

Santander launches 4% fixed-rate bond

Santander-owned Abbey, Alliance & Leicester, and Bradford & Bingley have launched a new two-year fixed-rate bond paying interest at 4% gross/AER.
The bond is available to new and existing customers, and requires a minimum investment of £10,000.
Customers opening the account can choose to have interest paid when the account matures, or monthly with a slightly reduced [...]

Ethical provider pays 4.5% on fixed-rate bond

Islamic Bank of Britain (IBB) is offering annual returns of 4.5% to investors who open its 24-month Fixed Term Deposit Account.
The bank invests its money ethically according to Sharia principles – meaning you won’t putting your money into arms companies, alcohol firms or tobacco companies.
The Sharia principles that govern the account also mean it technically [...]