Leeds launches 1 year fixed rate bond at 3.6%

Leeds Building Society has unveiled a market leading 1 year fixed rate bond combining a high guaranteed return of 3.6% gross p.a./ AER with unlimited access to 25% of the funds, without notice or penalty, at any time.

Kim Rebecchi, Leeds Building Society's Sales and Marketing Director said, "This bond offers a market leading rate of 3.6% gross p.a./ AER combined with the flexibility of unlimited access to 25% of the funds. Furthermore, it can be opened with only £100.

"Other fixed rate bonds currently available on the market require customers to lock away all, or the large majority of, their funds.

"We believe our new 3.6% 1 year bond provides the best of both worlds and expect this combination of a high fixed rate and access to prove popular.

"The maximum investment is £5,000 (£10,000 for joint accounts) of new money for this new account, which is available throughout our 65 strong national branch network, through postal channels and online."

For more information, visit leedsbuildingsociety.co.uk.