Spring into a fix with the Coventry

Coventry Building Society is launching a top paying fixed rate savings bond on Wednesday 4 April.

The new one year bond, available for a limited period only, has a market leading rate of 6.15% (AER/gross pa) fixed until 31 May 2008. A minimum investment of £1,000 is required (maximum £250,000) and the bond also offers a monthly income option paying 5.94% gross pa (6.10% AER).

Commenting, Colin Franklin, Head of Sales at the Coventry said: “We know that this new bond will be exceptionally popular with customers who are looking for a top rate of return on their savings. A monthly interest option is available for those who rely on their savings for income and want the certainty that their interest rate will not change.”