Nationwide announces new savings bonds rates

Nationwide Building Society has announced details of a new range of Fixed Rate Bonds and e-Bonds, including a new 18 month bond, which all offer a guaranteed return for savers.

With effect from Friday 26 June 2009, Nationwide's new bond range will include:

Five year Fixed Rate Bond paying up to 4.50% gross p.a. / AER
Three year Fixed Rate Bond paying up to 4.00% gross p.a. / AER
Two year Fixed Rate Bond paying up to 3.25% gross p.a. / AER
New 18 month Fixed Rate Bond paying up to 3.00% gross p.a. / AER
Five year e-Bond paying up to 4.50% gross p.a. / AER
Three year e-Bond paying up to 4.20% gross p.a. / AER
Two year e-Bond paying up to 3.35% gross p.a. / AER
New 18 month e-Bond paying up to 3.10% gross p.a. / AER

Rates on the six month and one year Fixed Rate Bonds and e-Bonds, the Stepped Rate Bond and the full range of Fixed Rate ISA Bonds remain unchanged. The variable rate one year Tracker Bond continues to be available and is guaranteed to beat the Bank of England Base Rate by 2.05%-2.30% depending on account balance.

The previous range of bonds will be withdrawn at 11.59pm on Thursday 25 June 2009.