Coventry Building Society Fixed-Rate Savings Bond unveiled

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Coventry Building Society Fixed-Rate Savings Bond unveiled

Wed 29th Mar 2006

A Coventry Building Society Fixed-Rate Savings Bond has been announced today, with an interest rate of 5.1 per cent annual equivalent rate (AER) until May 31st 2007.

The product has a minimum investment level of £1,000 and a maximum permitted savings level of £250,000.

A monthly income interest option has also been offered with the new deal – customers who wish to take their interest on a monthly basis will receive a rate of 4.94 per cent gross per year, 5.05 per cent AER.

The building society's previous fixed bond offering a rate of 4.65 per cent until February 28th 2007 is now closed and, similarly, this Coventry Building Society Fixed-Rate Savings Bond is available for a limited time only.

Customers interested in viewing the account's full terms and conditions or applying for the product can visit the company's website.

Coventry is the fifth largest building society in the UK with assets of over £11 billion.

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