Bradford & Bingley launches three new fixed-rate bonds
www.moneynews.co.uk > Banking > Bradford & Bingley launches three new fixed-rate bonds
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Money News |
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Bradford & Bingley launches three new fixed-rate bonds
Wed 5th Mar 2008
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The limited-edition range features a four-year fixed-rate bond, which will mature on March 27th 2012, a new three-year fixed-rate bond, which is due to mature on March 29th 2011 and a two-year fixed-rate bond, which will reach maturity on March 30th 2010.
All of the bonds do not allow any deposits or withdrawals until maturity and require a minimum deposit of £1,000 to open the account, and have a maximum permitted balance of £2,000,000.
For savers who would like their interest to be paid on a more regular basis, a monthly interest rate option in available.
Paul Whitlock, head of savings at Bradford & Bingley, said: "Our fixed-rate bonds are designed to appeal to savers who are looking for a longer-term home for their money that offers them a highly competitive fixed return."
Yesterday the bank announced that it was introducing four shorter-term fixed-rate bonds.
Related News : Banking |
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Related News : Bradford and Bingley |
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