New savings bonds from Yorkshire Building Society
Yorkshire Building Society has launched new two and three year fixed rate savings bonds to compliment its Rollover Bond, the Society’s standard one year fixed rate bond.The headline rates on the bonds are shown below with full details of the new bonds shown in the attached Appendices.
3 Year fixed rate – 5.80% gross / 4.64% net
2 year fixed rate – 5.75% gross / 4.60% net
Rollover Bond – 5.60% gross / 4.48% net
The new bonds are available to existing and new customers with a monthly interest option available if required. All the bonds can be opened with a minimum deposit of just £100 making these great rates available for all levels of savers.
Chris Smith, Yorkshire’s Product Manager – Savings commented, “With much speculation about interest rate moves, and a number of experts forecasting rate reductions next year, many of our members want the certainty of a fixed rate for their savings. This is particularly true for those who rely on their savings for income.”