Santander launches 3.75% fixed-rate bonds

High street lender Santander has today launched a new range of fixed-rate bonds.

The new products pay up to 3.75 per cent gross/AER, meaning they could be of interest to consumers seeking the best savings interest rates.

Reza Attar-Zadeh, director of savings and investments at Santander, said the new range of fixed rate bonds "continue to offer good value for customers looking for a guaranteed fixed income".

They offer peace of mind for those savers "who want to know exactly what return they will receive from the outset", he added.

"These bonds are only available while stocks last so customers wishing to take advantage should act now to secure what are competitive rates in the current low base rate environment," Mr Attar-Zadeh added.

Last month, Guernsey-based savings and mortgages provider Skipton International launched a new fixed-rate sterling account paying 3.5 per cent gross per annum.

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2010-03-02 12:48:03 © Moneyextra.com