Abbey bond range 'extensive'

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Abbey bond range 'extensive'

Abbey has launched a new range of bonds designed to cater for the needs of both younger and older customers.

People over the age of 50 looking to invest in a competitive product need look no further than the Abbey 50+ bond.

The Abbey bond provides the security of a fixed-term for three years and guarantees that interest will remain at a certain rate.

Abbey has also launched a new Children's Saving Bond which is available for savers under the age of 18.

Offering a guaranteed fixed-rate of interest over a four-year period, the Abbey bonds can both be taken on by visiting a local branch or by telephoning the customer sales line.

Reza Attar-Zadeh, head of savings and investments at Abbey, said he expected the 50+ bond to be a popular investment vehicle and added: "We also expect the other bonds available in this launch to appeal to both those saving for children or looking for regular interest payments."

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