Bradford & Bingley bond 'rolled out'

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Bradford & Bingley bond 'rolled out'

The new Bradford & Bingley two-year fixed-term bond is set to be available for a limited period of time only.

The "highly competitive" bond, according to the group's director of savings, Ian Cornelius, possesses an annual interest rate of six per cent.

A 5.84 per cent interest rate can also be taken advantage of by those people who wish to receive interest payments on a monthly basis.

The Bradford & Bingley bond also has flexible features, with consumers paying in a minimum deposit of £1,000 being able to open an e-bond online.

Mr Cornelius also indicated that the bond's fixed-rate status would provide customers with 'security'.

He added: "The fact the same great rates are available to both our online and branch customers means customers have the flexibility to invest their money in a way that suits them best."

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Related News : Bradford and Bingley

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