New issue of the Abbey Guaranteed Income Bond launched

Money News

www.moneynews.co.uk > Banking > New issue of the Abbey Guaranteed Income Bond launched

Topics

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Features

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Companies

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Money News

bullet
bullet
bullet
bullet
bullet

New issue of the Abbey Guaranteed Income Bond launched

Consumer demand has prompted Abbey to release a new version of its guaranteed income bond product, it has been announced.

The Abbey Guaranteed Income Bond offers a fixed income of 4.20 per cent per annum and payments can be made on a monthly, quarterly or annual basis.

Capital is protected on maturity of the bond, which offers guaranteed income for the four year term of investment.

Investments in the popular product have to be at least £5,000 and applications can be made between now and September 12th this year, unless they sell out before that date.

Pak Chan, Abbey's head of marketing for investments and long term savings, said: "Our previous bond was again very popular, so in response to customer demand, we've matched our highest ever rate again for this new issue.

"The guaranteed income bond reaffirms our commitment to bring some of the best products and services to savers," he added.

Abbey is the second largest provider of mortgages and investments in the UK.

Related News : Banking

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Related News : Santander

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet