Mansfield Building Society launches new fixed rate savings bond

The Mansfield Building Society has unveiled a new one year fixed rate savings bond. The bond has a Gross/Annual Equivalent Rate (AER) fixed at 4.75 per cent and a net rate of 3.80 per cent.

The Society is offering the one year bond to savers depositing a minimum investment of £500 up to a maximum of £200,000.

No additions or withdrawals are permitted during the term of the bond and early closure is subject to the loss of 90 days interest on the closing balance.

For further information, visit mansfieldbs.co.uk