News Tag: bonds
January 8, 2010
Santander's high street banks have launched a range of new fixed-rate bonds paying interest at up to 4.1%.
The bonds, available through Abbey, Bradford & Bingley, and Alliance & Leicester, can be opened by new and existing customers with a minimum deposit of £1.
The one year bond pays interest at 2.5% gross per annum/AER for investments up to £9,999, and 3% on investments over ...
Santander launches fixed-rate bonds
by David Masters
December 10, 2009
The best fixed-rate bank accounts are fast disappearing from the shelves of high street banks and building societies, research by Moneynet has discovered.
Keeping a watchful eye, Moneynet saw top deals from the Post Office, Melton Mowbray, Principality, Cahoot, Britannia, the Co-operative Bank, and Skipton
Building Society disappear - some of them only days after they were released.
The accounts that were pulled were paying ...
Best fixed-rate bonds disappearing fast
by David Masters
October 26, 2009
Government-backed National Savings & Investments (NS&I), which runs Premium Bonds and a variety of savings products, has unveiled a rise in the interest rates on some of its policies.
The news will be welcomed by savers who have been suffering amid the historically low interest rate environment.
NS&I said rates on its guaranteed growth bonds and guaranteed income ...
NS&I hopes to attract more savers as it raises rates
by Kay Murchie
September 18, 2009
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 ...
Yorkshire Building Society launches 5.3% bond
by David Masters
September 9, 2009
Nationwide has increased the interest rates on a range of its one-year savings bonds.
The building society now pays interest at up to 4.25% on the bonds.
Savers with a one year fixed-rate bond or e-Bond will now be paid 3.25% interest for balances above £10,000, and 3% for balances below £10,000.
Meanwhile, customers with a balance of £10,000 or more in Nationwide's Guaranteed Savings Bond ...
Nationwide boosts bond rates
by David Masters
September 2, 2009
Abbey, Alliance & Leicester, and Bradford & Bingley have announced the launch of a new two-year fixed-rate bond paying interest at 4.2%.
Savers can open the bond with an investment of between £10,000 and £2 million.
Any withdrawals incur a penalty of 120 days interest.
The bonds can be opened by visiting any branch of the Santander-owned banks, or online at abbey.com or bradford-bingley.co.uk.
Reza Attar-Zadeh, ...
Santander banks launch 4.2% bond
by David Masters
August 17, 2009
A new bond from Leeds Building Society paying 4% interest can be opened with as little as £100.
The four-year fixed-rate bond was launched alongside a two-year bond paying 3.5% interest.
Both bonds can be opened with a minimum investment of £100 and a maximum of £1,000,000.
Furthermore, both allow savers to withdraw up to 10% of the initial amount invested without ...
Open a 4% bond with £100 at Leeds
by David Masters
August 6, 2009
For the third consecutive month, the European Central Bank (ECB) has elected to keep interest rates unchanged at 1%.
The last time the ECB cut rates was in May and prior to that, rates were cut seven times since October 2008 when rates stood at 4.25%.
In a further attempt to boost the struggling economy, the bank has supplied cash ...
ECB leaves interest rates unchanged for third consecutive month
by Kay Murchie
N&P raises rates on bonds and ISAs
by David Masters
July 26, 2009
Nationwide has launched a new range of fixed-rate ISA bonds paying interest at up to 4.5%.
The bonds are available for one year, three years, or five years, paying interest at 3%, 3.75% and 4.5% respectively.
The ISAs can be opened with a minimum of £1, and savers can opt to transfer the balance from their previous ISA allowances.
The new ISAs are repackaged versions ...
Nationwide launches fixed-rate ISA bonds
by David Masters
July 20, 2009
Iceland has unveiled a €1.5 billion (£1.3 billion) scheme to recapitalise its three major banks. The Government will issue bonds to the three new banks it is creating from the collapsed ones.
It is hoped the plan will get the banking system on a stronger footing after its three largest banks, Glitnir, Landsbanki and Kaupthing, had to be nationalised last ...
Iceland announces €1.5bn plan to recapitalise banks
by Kay Murchie
July 14, 2009
The Cheshire and Derbyshire Building Societies this week unveiled three new fixed-rate bonds aimed at savers willing to lock away their money in exchange for a strong interest rate.
Available for one, two or three years, the fixed-rate bonds pay interest at 3.75%, 4.15%, and 4.5% respectively.
At Derbyshire consumers can invest between £100 and £1 million, whilst at Cheshire these figures increase ...
Cheshire and Derbyshire launch fixed-rate bonds
by David Masters
July 8, 2009
Nationwide Building Society yesterday increased the interest it pays on fixed-rate bonds and e-Bonds, with a headline interest rate of 5%.
The fixed-rate bonds are available to anyone, while the e-Bonds are available online to any Nationwide customer with a Nationwide FlexAccount.
Both accounts are available for one year, 18 months, two years, three years or five years.
The interest rate ...
Nationwide “throws down the gauntlet” with new bond rates
by David Masters
June 17, 2009
Supermarket giant Sainsbury's has reported that like-for-like sales were up 7.8% for the 12 week period to 13 June.
The news comes just a day after fellow supermarket Tesco posted a 4.3% rise in quarterly sales and said it had made a “solid” start to its financial year.
Meanwhile, Sainsbury’s, which is Britain’s third-largest supermarket, has confirmed it is planning ...
Sainsbury’s report strong quarterly sales and confirms expansion plans
by Kay Murchie
April 28, 2009
As expected the Bank of Israel has left interest rates at 0.5 percent, which is a further indication that it is nearing an end to the six month easing cycle and will continue to push long-term rates lower instead.
Short-term lending rates had been at a record low and other measures, such as buying government bonds and foreign currency, can also be ...
Israel retains interest rate at 0.5%
by Peter Charalambous
April 1, 2009
Savers disillusioned by low-interest rates should spread their tax-free ISA allowance across bonds and income-funds, Virgin Money said this week.
With the Bank of England's base rate at an all time low, Cash ISA interest rates offer meagre returns, hitting an average of 0.96% at the end of February.
Meanwhile, the ongoing volatility of the stock market has ...
Virgin Money tells ISA savers to use it or lose it
by David Masters
March 26, 2009
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 ...
Nationwide launches 4.15% five year bonds
by David Masters
February 19, 2009
Leeds Building Society has announced new guaranteed returns on its fixed-rate bonds, making them even more attractive for savers.
The building society is offering returns of up to 3.5% gross p.a./AER on its one, two and three year fixed-rate bonds.
In addition, the bonds allow 'no penalty' instant access to 25% of the balance at any time.
Savers opening the accounts can choose to lock ...
Leeds announces 3.5% fixed-rate bonds
by David Masters
January 29, 2009
HSBC has launched two new bonds aimed at retired people.
The High Interest Deposit Bonds offer 3.5% gross/AER on a three year investment, or 3.75% on a five year investment.
HSBC head of savings, Richard Brown, said: "High Interest Deposit Bonds are among the most straight-forward savings vehicles on the market.
"Savers know exactly where their money is, what rate of interest they're earning, ...
HSBC launches two new bonds
by David Masters
