Abbey issues new six month eBond and branch bond

Abbey Savings has announced the launch of two new six-month bonds paying up to 6.60 per cent gross (6.71 per cent AER) for customers looking for a guaranteed return on an amount of money they can lock away for six months.

The new eBond is a limited offer so customers should act now to take advantage of this great rate. New and existing customers can apply for the bond online at abbey.com. The eBond is available until 29 February 2008, but may close early if fully subscribed. Minimum investment is £10,000. Maximum investment is £100,000.

Abbey is also offering a six-month branch bond paying up to 6.60 per cent gross (6.71 per cent AER).

Customers can apply for this bond at their local branch. This is strictly limited and will be on sale from Monday 4 February and is subject to availability. The maximum investment is £250,000.

Reza Attar-Zadeh, Director of Savings and Investments at Abbey, said: “Times continue to be exciting for savers with some highly competitive rates available in the market. Abbey remains firmly committed to offering savers great rates and we expect these new bonds to appeal to savers, whether they like to manage their money online or through the branch.”