Archive for the 'bond' Category

Leeds bond offers access to 50% of investment

Leeds Building Society has launched a new instant access five year bond paying interest at 3.5%.
Savers can access up to 50% of the money saved in the bond at any time without penalty.
Leeds said it designed the bond by looking at the other bonds available on the market and coming up with something unique.
“We believe [...]

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No money can be withdrawn from the bond until it matures in August 2012.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 [...]