News Tag: Inflation Busting Bond

January 8, 2009

Leeds guarantees interest rate on Bonds and ISAs

by David Masters
Leeds Building Society has reassured savers that its Inflation Buster Bond will continue to pay a guaranteed rate of interest, despite today's 0.5% base rate cut by the Bank of England. The building society's Inflation Buster Bond and ISA guarantee an above-inflation exchange rate. Leeds's interest rate is calculated using the Retail Price Index (RPI), which measures the official consumer inflation ...

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