Bradford & Bingley launches six-month fixed term bonds

On Monday 3rd September, Bradford & Bingley will launch two market-leading fixed term bonds, giving savers the opportunity to take advantage of highly competitive rates with the added security of a guaranteed fixed return on their savings.

Both the six-month eBond, only available online, and the six-month bond have extremely attractive rates at 6.40% p.a. gross (5.12% p.a. net), allowing customers to enjoy a market leading rate, with just 6 months commitment. The annual equivalent rate is 6.50%.

With both the eBond and the regular bond offering the same market-leading rate, customers can choose to arrange their savings in a way that is most convenient to them, without missing out on excellent returns.

The six-month eBond is only available online at www.bradford-bingley.co.uk/savings, while the six-month bond is available by post, through a local branch or by telephoning 0845 600 8885.

Ian Cornelius, director of savings at Bradford & Bingley, commented: “Our fixed term bonds offer great value to those investors who want to take advantage of exceptional savings rates with the added security of guaranteed returns. The six-month bonds in particular are great for customers who want to take advantage of a fixed rate, but who don't want to put their savings away for a long period of time.”