New Abbey Guaranteed Income Bond 'offers highest rate'

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www.moneynews.co.uk > General finance > New Abbey Guaranteed Income Bond 'offers highest rate'

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New Abbey Guaranteed Income Bond 'offers highest rate'

The new issue of the Abbey Guaranteed Income Bond offers the best rate on a high street guaranteed income bond, the provider claims.

With a guaranteed fixed income of 4.24 per cent a year net, the Abbey Guaranteed Income Bond has the best value for those hoping to save some money.

And Abbey adds that it doesn't matter whether holders of the Abbey Guaranteed Income Bond receive income every month, quarter or year.

The Abbey Guaranteed Income Bond also offers a full return of invested capital, as long as it is held for the full four-year term.

Commenting on the launch of the Abbey Guaranteed Income Bond, the head of marketing for investments and long-term savings at Abbey, Pak Chan, said that the introduction of the 16th issue of the bond is in response to high consumer demand.

And the "popular" Abbey Guaranteed Income Bond has an even higher rate now, Mr Chan added.

He added that the Abbey Guaranteed Income Bond "reaffirms" the bank's "commitment to bring some of the best products and services to savers".

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