Bonding with Coventry

Coventry Building Society has announced the launch of 3 new limited issue fixed rate bonds.

The new bonds come in 1, 2 and 3-year versions, each paying 6.55% AER/gross p.a. (5.24% net) through August 31st 2008, June 30th 2009 and June 30th 2010 respectively.

Minimum investment is £1 (maximum £250,000) - each bond also offering a monthly income option (6.50% AER; 5.05% net).

Annual interest can be added or paid away. Monthly interest is paid on the last day of the month and must be paid away.

Withdrawals are permitted, subject to 90 days' loss of interest.

06 July 2007 © Moneyextra.com

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