Abbey issues new fixed-term bonds
Wednesday, 19 Sep 2007 15:02
Abbey is launching two short-term bonds.
The bank's new short-term internet only bond is at 6.70 per cent gross p.a./6.87 per cent AER and its short term branch bond offers 6.60 per cent gross p.a./6.77 per cent AER.
Both bonds are fixed until the end of the year.
The Abbey eBond is open from £1 investment and the Abbey Bond is open from £50,000.
Reza Attar-Zadeh, head of savings and investments at Abbey, said: "This is a great time for savings and we will continue to develop products which allow our customers to benefit from the current market conditions.
"In addition to these excellent deals, we currently offer a Super Bond and Super ISA paying 8.1 per cent fixed for one year and customers can earn up to ten per cent fixed for one year on our Super Monthly Saver."