Savings Bonds

Alliance & Leicester Savings has launched two new Fixed Rate Bonds with competitive interest rates - a 6 Month Fixed Rate Bond, and a 3 Year Fixed Rate Bond with interest rates of 4.50% gross and 4.00% fixed gross pa/AER respectively.

Skipton Building Society has launched new issues of its Pick ‘N' Fix bond, paying rates of up to 4.55% gross pa with a monthly income options. These rates replace any previously available, existing customers are not affected.

Leeds Building Society has launched a new 6-month Fixed Rate Postal Bond paying a guaranteed return of 5.00% gross p.a. / 5.06% AER. The bond also allows unlimited access to all of the funds at any time, without notice or penalty.

Coventry Building Society announces the closure of its highly successful Poppy Bond. Rachel Haworth, Head of Marketing at the Coventry said: "We felt that the end of Remembrance Day would be the most appropriate and poignant moment to close the Poppy Bond.

Nationwide Building Society has announced details of its new range of bonds, with terms from six months to three years available.

Following the decision by the Bank of England's Monetary Policy Committee to reduce rates by 1.5 percentage points to 3%, Leeds Building Society has launched two new fixed rate bonds which provide the option to lock in at up to 1% above the Bank of England base rate.

Coventry Building Society's innovative Poppy Bond has become the fastest selling savings bond in the Society's history.

Commenting on the launch of the Coventry Building Societies' Poppy Bond, Kevin Mountford, head of banking at moneysupermarket.com, said: "Generally affinity savings accounts, particularly charity related ones, come in for criticism.

Coventry Building Society is delighted to announce the launch of the Poppy Bond, a first of its kind fixed rate savings bond that will deliver a significant charitable donation.

Kevin Mountford, head of banking at moneysupermarket.com, said: "The consensus is that the Bank of England will cut base rate further over the coming months, and many savings providers are pre-empting this and pulling their top fixed rate bonds.

Leeds Building Society has launched a new fixed rate bond that combines a competitive return of up to 6.00% gross p.a./AER, with access to 25% of the balance without notice or penalty at any time.

Due to the high demand for Alliance & Leicester's recently launched 6.60% Fixed Rate Bond, this product will be withdrawn from sale at close of business today, 22 October 2008.

Egg, the online bank, is offering a new 1 Year Fixed Rate Bond at 6.00% gross pa/AER. This new Fixed Rate Bond is available for existing customers who have an Egg Savings Account for deposits between £1,000 and £2,000,000. The bond is available to applications and cleared funds received on or before the 27th November 2008.

Newcastle Building Society has announced the launch of a new Fixed Rate Bond, with a rate of 6.45% AER (6.35% Gross) on a minimum investment of £1,000. The bond may be operated via branches, post, telephone and online. It is available now with a maturity date of 11 May 2009.

Alliance & Leicester Savings has launched a new, limited edition 1 Year Fixed Rate Bond with a great interest rate of 6.60% fixed gross pa/AER.