Nationwide launches 4.15% five year bonds

Nationwide has unveiled two new five year fixed-rate bonds, paying interest at up to 4.15% gross p.a./AER.
The building society yesterday launched both the Five Year Fixed Rate Bond and the Five Year e-Bond to new and existing customers.
Andy McQueen, Nationwide’s savings and mortgages director, said: “I’m delighted to announce the launch of our new Five Year Fixed Rate Bond and Five Year e-Bond.”
He pointed out that both new bonds offer one of the highest rates of interest available in the fixed-rate bonds market.
McQueen added: “With the Base Rate being at a record low of only 0.50% and inflation falling, these products give savers a chance to benefit from both a competitive and a real rate of return.”
Recent research by Nationwide found that a quarter of Brits have no money in a savings account.
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