Baronworth: Bond rate remains stable

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Baronworth: Bond rate remains stable

Wed 2nd Dec 2009

The rate of interest on the bonds provided by Baronworth Investment Services has remained stable, it has reported.

There has been no change in the rates in the Guaranteed Interest and Guaranteed Growth Bonds, with the figure for both products staying at 3.13 per cent.

For consumers with investments of over £50,000, the one year six months product with AIG and a 3.13 per cent rate of interest annually, net of basic rate, is recommended.

Consumers with this level of savings have expressed an interest in the AIG six-month, one-year and 18-month Bonds as they have uncapped cover under the Financial Services Compensation Scheme, according to the institution.

For those wishing to have a free Guaranteed Income or Guaranteed Growth Survey can contact the company directly.

A range of new bonds were launched by the company last month, which offered investments of between three and 18 months.

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