Competitive return on Yorkshire's latest two year savings bond

A new fixed rate savings bond from Yorkshire Building Society is offering savers a short term home for their money.

With a competitive rate of 3.40% gross/AER, the two year product is launched on Thursday, 15th March and matures on 31st March 2014. The minimum deposit is £1,000.

"We know many savers are unwilling to tie up their cash long term at the moment so we've added this new bond to our savings portfolio," said Yorkshire Building Society product manager Mike Helliwell.

"The rate of 3.40% is competitive and the fixed term of two years is in response to what savers are looking for now."

For more information, visit ybs.co.uk.