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Tuesday 02nd of November 2010
February 16, 2009    

Cheshire and Derbyshire launch fixed-rate bonds

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by David Masters
Cheshire and Derbyshire launch fixed-rate bonds

Nationwide-owned Cheshire and Derbyshire Building Societies have launched a new range of fixed-rate bonds.

The bonds include a one and a two year deal, with interest for both accounts paid either on maturity at 3.75% Gross/AER (3.00% net), or monthly at 3.69% gross (3.75% AER/2.95% net).

Minimum investment at Cheshire is £5,000; maximum £2,000,000. Derbyshire’s minimum is £5,000; maximum £1,000,000.

Gary Wilkinson, Nationwide’s managing director of regional brands, said: “We are delighted to be able to offer savers the chance to invest in these regional building society fixed rate bonds.”

Cheshire and Derbyshire Building Societies both became part of Nationwide last year in a merger deal.

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