Nationwide: New bonds launched
www.moneynews.co.uk > Banking > Nationwide: New bonds launched
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Nationwide: New bonds launched
Tue 9th Dec 2008
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The new offerings include a four-year fixed-rate bond paying an AER of 4.3 per cent, two and three-year fixed-rate bonds paying interest rates of 4.1 per cent and a two-year e-bond which pays an interest rate of 4.2 per cent.
Also included among the new packages announced is a one-year tracker bond paying a rate of interest guaranteed to be at least 1.75 per cent above the Bank of England’s base rate.
Matthew Carter, Nationwide's divisional director of savings, said: "There is plenty of choice for savers, whether they want put their money aside for the short term or for a little longer."
Nationwide recently released the results of a survey which showed that the amount stashed away by Brits in savings accounts has increased in recent months.
Click here for more banking news
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Related News : Nationwide |
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