Bradford & Bingley has announced the launch of two new limited edition fixed term bonds. Both the six-month eBond (only available online) and the six-month Bond pay 6.40% p.a. gross (5.12% p.a. net). The annual equivalent rate is 6.50%.
Each of the bonds has a minimum deposit requirement of £1,000, with a maximum balance extending to £2,000,000. No withdrawals are permitted until maturity.
All products offer the option of a monthly interest rate for savers who would like their interest to be paid on a more regular basis.
11 February 2008 © Moneyextra.com
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