Yorkshire Building Society launches 5.3% bond
Yorkshire Building Society has launched a new five-year fixed-rate savings bond paying interest at 5.3% gross/AER.
The building society also launched a three-year bond paying a fixed-rate of 4.65% gross/AER.
Both bonds require a minimum investment of £100 and can be opened in branch, over the telephone, or online.
Financial advice site Moneyfacts.co.uk said the bonds are both “amongst the market leaders in their respective fields.”
“It is good to see branch and telephone based customers getting the same high rate as online investors,” said Michelle Slade, Moneyfacts analyst.
Yorkshire Building Society said it expects “great demand” for the bonds and encouraged savers to act quickly if they don’t want to miss out.