Leeds launch 6 Month Fixed Rate Bond

Leeds Building Society has launched a new branch based 6 month fixed rate bond that combines an excellent rate of 6.09% AER (6.00% gross p.a.) with access to 50% of the balance, without notice or penalty, at any time.

The rate is fixed until 17 August 2008, at which point the balance will be transferred to a base rate tracking account that guarantees to match Bank of England base rate until February 2010. Customers then have unlimited penalty free access to funds.

Karen Wint, General Manager Marketing & Customer Services said, "This product provides an excellent home for savings and access to half of the funds in case of emergency. With uncertainty surrounding stock market investments at present, there are likely to be many savers ready to take advantage of this opportunity.

"We know that peace of mind is a key factor in any investor’s decision and this bond delivers exactly that, with a competitive guaranteed return and flexibility. Customers also have access to a full branch facility when operating the account or can use the post if they prefer."

For further information, visit leedsbuildingsociety.co.uk.