Abbey fixed-term savings bonds launched
www.moneynews.co.uk > Banking > Abbey fixed-term savings bonds launched
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Money News |
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Abbey fixed-term savings bonds launched
Wed 19th Sep 2007
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The first - the Abbey eBond - is available only online, offering a fixed AER of 6.87 per cent.
Meanwhile, the second - called simply Abbey Bond - has a fixed AER of 6.77 per cent.
Both fixed rates are available until January 1st 2008 to new and existing customers.
Commenting on the new bonds, Reza Attar-Zadeh, head of savings and investments at Abbey, said: "This is a great time for savings and we will continue to develop products which allow our customers to benefit from the current market conditions."
The announcement comes a week after Abbey launched four other savings products, among which were the 50 Plus Bond and the Children's Savings Bond.
A longer-term fixed-rate - over one, two or three years - is also provided by its Fixed Rate Bond.
Related News : Banking |
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Related News : Santander |
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