Nationwide launches new bonds
www.moneynews.co.uk > General finance > Nationwide launches new bonds
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Money News |
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Nationwide launches new bonds
Mon 11th Aug 2008
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The six new bonds, which range in time from six months for three years, offer interest rates per year from 6.50 per cent to 6.70 per cent.
They include two e-Bonds which are available online to anyone with or opening a Nationwide FlexAccount.
Its three-year Loyalty Fixed Rate Bond is open to anyone who has been with the building society for three years or longer.
Lee Raybould, head of savings at Nationwide, said that the six-month fixed-rate bond offers "a great rate over a shorter period".
He added that those who wanted to fix for longer "can still choose a competitive one, two or three-year product".
Meanwhile, Abbey has cut its mortgage rates on its five-year fixed products by 0.30 per cent.
All three-year tracker products at 75 per cent loan-to-value are reduced by 0.1 per cent, while fees are also reduced on two and three-year fixed deals.
Related News : General finance |
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