Skipton bonds 'moving' with base rate changes
www.moneynews.co.uk > Skipton bonds 'moving' with base rate changes
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Money News |
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Skipton bonds 'moving' with base rate changes
Wed 9th May 2007
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The group's one-year bond is available at 6.01 per cent fixed rate of interest until May 31st next year.
Skipton bonds are also available in two and three-year formats, possessing interest rates of 6.06 per cent.
Savers looking for more consistent returns can choose from the group's monthly option range, with one, two and three-year options available in this category.
Minimum investments of £500 are necessary on Skipton bonds, with one bond only being permitted per customer.
Additional investments are also permitted with Skipton bonds for a limited period of time.
John Goodfellow, chief executive of the society, said that the latest rate rises on the Skipton bonds has made them "some of the most competitive around".
He was certain that savers would be "taking the opportunity to gain a generous return on their investments".
