News Tag: fixed-rate bond

September 24, 2009

Fund a cruise with interest from savings

by David Masters
The extra interest earned by savers who shop around for the best deal on a fixed-rate bond could pay for an all-inclusive Mediterranean Cruise for two, Yorkshire Building Society (YBS) said this week. "Just by spending a few minutes shopping around when buying a bond can make a big difference to savers' returns," said Sarah Lawrence, YBS savings manager. Savers investing £20,000 ...

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June 17, 2009

Nationwide guarantees returns on combination savings

by David Masters
Nationwide this week launched a new savings account for customers looking for both short-term and long-term returns. The Guaranteed Combination Plan combines a one-year 4% fixed-rate bond with a six-year equity bond linked to the stock market. The equity bond, provided by Legal & General, tracks the FTSE 100 Index, the DJ EuroSTOXX 50 Index, and the S&P 500 Index, with a guarantee ...

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February 23, 2009

Abbey and A&L launch 4.01% fixed-rate bond

by David Masters
Abbey and Alliance & Leicester (A&L) have launched a new bond with a guaranteed fixed rate of interest. The two year bond pays interest at 4.01% AER - four times the Bank of England's base rate - on balances between £30,000 and £200,000. Although this is significantly lower than rates that were offered in 2008, it will provide hope to ...

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Nationwide rolls-out new fixed rate bonds

by David Masters
Nationwide Building Society has launched a new range of fixed-rate bonds, e-bonds, and ISA bonds paying annual interest of up to 3.75%. Nationwide's new four-year fixed-rate bond pays interest at up to 3.75%, whilst its two year bond pays 3.50%. Its three year e-bond pays up to 3.60%, its two year e-bond pays up to 3.35%, its one year e-bond pays up to ...

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