Leeds launch 6-Month Fixed Rate Postal Bond

Leeds Building Society has launched a 6-Month Fixed Rate Postal Bond paying 6.20% AER (6.11% gross per annum). Furthermore, customers can have access to all of their funds at any time without notice or penalty.

Karen Wint, General Manager Customer Services & Marketing said, "This straightforward postal bond offers customers an excellent guaranteed return combined with the flexibility of full instant access to their funds.

"With many market commentators predicting further falls in Bank Base rate, possibly even as early as next month, this product provides an excellent home for funds on a short term basis as well as access if a market opportunity arises or in case of emergency.

"On maturity, the funds will convert to a guaranteed Base Rate Tracker until 31 January 2010, again with unlimited access, providing even greater flexibility."

For further information and an application form, visit leedsbuildingsociety.co.uk.