Post Office unveils new issue of online savings bonds

Tuesday, 07 January 2014 03:34

The Post Office has launched a new issue of its one, two and three year term online bonds.

The Online Bond Issue 10 launch will offer a rate of 1.82 per cent on the one year product, 2.27 per cent on the two-year deal and 2.37 per cent on its three-year online bond. These rates apply to the annual interest option.

The new rates are only available online and follow the Post Office’s announcement last week of new issues of its Growth Bond and Fixed Rate Cash Isa rates.

Henk Van Hulle, Head of Savings and Investments at the Post Office said: “Post Office is entering the new year with some competitively priced fixed rate products with the intention of offering customers the best savings range possible. We provide our customers with an array of options so they can find the best way of saving to suit their individual needs and requirements.

“Following the launch of our new Growth Bond and Fixed Rate Cash ISA rates last week we are optimistic that 2014 will look a little brighter for savers.”

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