Santander issues new fixed-rate bonds

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Santander issues new fixed-rate bonds

Santander has announced it is to release several new fixed-rate bonds, available to both new and existing customers.

Available with a rate of up to 3.9 per cent, the bonds are on offer for a duration of one year, 18 months or two years and are obtainable through branches of Santander and Alliance & Leicester.

Bonds can be opened with an investment of £1 and could be ideal for someone looking to supplement their income with a guaranteed return on their money.


Reza Attar-Zadeh, director of savings and investments at Santander, said: "Our current range of fixed rates are only available while stocks last so we encourage any customers wishing to take advantage to act now."

Potential homeowners may also benefit from a range of cuts to Santander's mortgage rates. In addition to two new tracker deals, the institution also announced 0.4 per cent in rate cuts across its fixed rates.

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