Abbey bonds issued
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Money News |
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Abbey bonds issued
Mon 9th Jun 2008
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The fixed-rate bond offers a rate of 5.7 per cent gross AER per annum for customers saving under £49,999 for a one-year period and six per cent for those investing over £50,000 for 12 months.
Meanwhile, customers investing for a two-year period will receive a rate of 5.2 per cent, which lowers to 5.10 per cent for those putting their money in the bond for three years.
Abbey's 50-plus bond is open to people aged over 50 and offers a regular savings income. The bond is fixed for a period of three years and guarantees interest at 5.30 per cent gross AER per annum, or 5.18 per cent gross monthly.
The bank's children's saving bond is available to under-18s and has a guaranteed fixed-rate of 5.3 per cent gross AER per annum over a four-year period.
Earlier this month Abbey launched a limited edition one-year fixed-rate bond paying 7.1 per cent gross AER per annum for customers investing between £30,000 and £2 million.
Related News : Banking |
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Related News : Santander |
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