RBS and NatWest have launched a new three year fixed-rate bond paying interest at up to 5.0% AER.The escalator bond requires a minimum investment of £5,000, and matures on 29 May 2012.Interest is paid at 3.0% gross in the first year, 4.0% in the second year, and 5.0% in the financial year.Interest can be paid [...]
More: RBS and NatWest announce 3-year escalator bond