News Tag: bond
February 10, 2010
Online bank First Direct has launched a new one-year fixed-rate bond paying interest at 2.75%.
The bond is only available to First Direct customers, and can be opened with a deposit of between £2,000 and £49,999.
No deposits or withdrawals can be made once the bond is opened. Customers who need to withdraw money from the bond will have to close the ...
First Direct announces 2.75% one-year bond
by David Masters
February 5, 2010
The Coventry Building Society has launched a new 30-month fixed-rate bond paying interest at 4.25%.
Savers can open the bond with an investment of between £1 and £250,000, and can choose between monthly and yearly interest payments.
No money can be withdrawn from the bond until it matures in August 2012.
The bonds are available online, over the phone, or in branches of the Coventry.
Rachel ...
The Coventry launches 4.25% bond
by David Masters
February 3, 2010
Clydesdale Bank has launched a new one-year fixed-rate bond paying interest at 4.5%.
The bond is exclusively available to customers also taking out an AXA investment product with the bank.
Savers must invest at least £2,000 in the bond, and the equivalent in an AXA investment product.
No withdrawals can be made from the bond. Customers who withdraw money from the bond are ...
Clydesdale Bank launches 4.5% one-year bond
by David Masters
November 7, 2009
Nationwide Building Society has launched a new four-year Stepped Rate Bond paying a headline interest rate of 5.25%.
Interest rates on the bond increase annually.
In year one the bond pays 3.75% gross p.a./AER, 4.25% in year two , 4.75% in year three, and 5.25% in year four.
Savers must invest a minimum of £5,000 to open the bond.
"Our new four ...
Nationwide’s Stepped Rate Bond ratchets up to 5.25%
by David Masters
October 26, 2009
Santander-owned Abbey, Alliance & Leicester, and Bradford & Bingley have launched a new two-year fixed-rate bond paying interest at 4% gross/AER.
The bond is available to new and existing customers, and requires a minimum investment of £10,000.
Customers opening the account can choose to have interest paid when the account matures, or monthly with a slightly reduced interest rate.
The 4% gross interest rate works ...
Santander launches 4% fixed-rate bond
by David Masters
October 12, 2009
Islamic Bank of Britain (IBB) is offering annual returns of 4.5% to investors who open its 24-month Fixed Term Deposit Account.
The bank invests its money ethically according to Sharia principles - meaning you won't putting your money into arms companies, alcohol firms or tobacco companies.
The Sharia principles that govern the account also mean it technically doesn't pay interest, but rather ...
Ethical provider pays 4.5% on fixed-rate bond
by David Masters
October 2, 2009
Nationwide has reissued its Legal & General Portfolio Bond, offering savers the opportunity to invest in highly rated funds.
Customers opening the bond can put together their own investment portfolio from a range of 21 funds.
Savers who rely on their investments for an income can make regular withdrawals from the bond.
The minimum investment is £5,000 with at least £1,000 in each fund, and ...
Nationwide reissues L&G Portfolio Bond
by David Masters
September 22, 2009
A new investment fund from HSBC gives savers the opportunity to benefit from the success - or lose out from the failure - of the world's leading fund managers.
HSBC said the World Selection fund is run by the people it believes are the best fund managers in the world.
Savers can only put money in a World Selection fund by investing an equivalent ...
HSBC launches high-risk investment fund
by David Masters
September 21, 2009
Barclays has launched a new range of fixed-rate bonds paying interest at up to 5.25%.
Savers can choose between a one, two, and five year bond, with a minimum deposit of £500.
Interest on the five-year bond is paid at 5.25%, on the two year bond at 3.75% and on the one year bond at 2.50%.
Those who deposit at least £40,000 will receive an ...
Barclays announces 5.25% fixed-rate bond
by David Masters
September 15, 2009
Bradford & Bingley has launched a new two-year fixed-rate bond paying 4.35% interest.
The bond requires a minimum deposit of £10,000, and no withdrawals are permitted during the life of the bond.
Savers looking to take advantage of the bond must have internet access as it is only available online.
Reza Attar-Zadeh, director of savings and investments, said: “We are committed to offering ...
Bradford & Bingley launches 2.35% two-year bond
by David Masters
September 1, 2009
Leeds Building Society has launched a new three-year fixed-rate bond paying interest at 4.3% gross pa/AER.
Savers can open the bond with an investment of between £1,000 and £1,000,000.
Interest on the bond is fixed until August 2012, and is paid annually at 4.3%. Interest can also be paid monthly at 4.05% gross pa/4.11% AER.
Up to 10% of the invested capital can be ...
Leeds launches 4.3% three-year bond
by David Masters
August 26, 2009
Barclays Wealth has relaunched its Regular Income Bond with an increased term of six years.
The bond, which is linked to the FTSE 100, was previously offered on a five-year term.
Returns on the bond are fixed at 7% annually, or 0.57% per month, irrespective of index performance.
A capital guarantee is also included, provided the FTSE 100 index does not fall to lower ...
Barclays Wealth extends Regular Income Bond
by David Masters
August 17, 2009
Leeds Building Society has launched a new three-year fixed-rate postal bond paying interest at 4.30%.
Customers requiring a regular income from their savings can opt to have interest paid monthly at 4.11% AER.
Savers investing in the bond can access up to 10% of the initial amount invested without notice, penalty free.
A minimum investment of £1,000 is required to open the bond.
Kim Rebecchi, LBS ...
Leeds postal bond pays 4.30%
by David Masters
July 3, 2009
HSBC this week launched the Onshore Investment Bond, aimed at clients seeking a professionally managed, whole market investment portfolio.
The bond offers Independent Financial Advisers (IFAs) a choice of investments in almost 2,000 funds - OIECs and Unit Trusts - from more than 100 fund managers.
Two versions of the bond are available - 'Select', for fee charging advisers, and 'Flexible' for commission-priced advisers.
Select ...
HSBC launches Onshore Investment Bond
by David Masters
June 29, 2009
Internet bank Egg this week unveiled an instant access savings account and a fixed-rate bond.
The Egg Bonus Savings Account pays 2.8% gross pa/AER, including a fixed-rate bonus of 1.55% for the first 12 months.
The account can be opened with a minimum investment of £1, and offers the flexibility of unlimited penalty-free deposits and withdrawals.
From next month, savers will be able to ...
Egg unveils two new savings accounts
by David Masters
May 29, 2009
Saga has launched a new 15-month fixed-rate bond paying interest at 3.82%.
Launched yesterday, the Saga Personal Finance Bond guarantees the fixed-rate for the duration of the bond.
Savers can open the bond for as little as £1, and can opt to have interest paid on a monthly or yearly basis.
Saga said being able to choose monthly interest payments gives savers “greater control over ...
Saga launches 3.82% 15-month bond
by David Masters
May 12, 2009
The Nottingham has unveiled a two year fixed-rate bond paying interest at a guaranteed 4.15% AER.
Savers can invest between £1,000 and £250,000 in the bond, which is managed remotely by post.
A saver investing £25,000 in the bond will see their savings grow by £2,177 before tax through the two year term.
According to The Nottingham, the account is likely to be ...
The Nottingham pays 4.15% on two-year bond
by David Masters
Barclays offers 4.25% fixed on three year bond
by David Masters
May 11, 2009
Alliance & Leicester (A&L) has launched a new nine-month fixed-rate bond aimed at small and medium sized businesses.
The Business Bond pays interest at 2.81% AER (2.80% gross), and matures on 1 March 2010.
SMEs with savings between £50,000 and £2 million can open the bond online, on the telephone, or in branch.
The bond will be available for a limited time whilst funds ...
A&L launches 9-month fixed-rate business bond
by David Masters
RBS and NatWest announce 3-year escalator bond
by David Masters
