New market-leading bond from Leeds Building Society for shorter-term savers

An 18 month fixed rate savings bond with a market-leading rate of 2% has been launched by Leeds Building Society.

The bond is available through all channels and can be opened with a minimum balance of £1,000.
 
“With a market-leading rate, our new bond is sure to be popular with savers,” said Jaedon Green, Leeds Building Society’s General Manager – Products.
 
“The 18-month term gives investors more choice if they’re seeking a competitive return but don’t want to lock away their cash for longer.
 
“It’s a good compromise between the more usual fixed rate bond terms of one and two years.”
 
Up to a maximum of £250,000 can be invested in the 18 month bond and withdrawals are not permitted during the term.
 
For more information, visit leedsbuildingsociety.co.uk.

Key Features
 
18 month Fixed Rate Bond
2.00% gross/AER fixed until 31st January 2016.
Minimum Investment £1,000 per account.
Maximum investment is £250,000 (£500,000 for joint accounts).
Interest is paid on maturity (31st January 2016).
No withdrawals are permitted at any time.
Available to open in branch, by post and online.