Post Office launches new growth bonds paying up to 4.3%

The Post Office has announced the launch of Growth Bond Issue 9, offering one, three and five year terms, and rates of up to 4.3% AER.

1-year - 3.85% gross/AER
3-year - 4.15% gross/ AER
5-year - 4.30% gross/AER

Post Office Growth Bonds offer savers a guaranteed rate of return over a fixed period of time, and unlike other similar products on the market, they are open to anyone with a minimum investment of £500. The new bonds are available for a limited period only at all UK Post Office branches, by telephone and online, making them easily accessible to all types of saver.

Post Office director of savings and investments Richard Norman said: "For savers who do not need immediate access to their savings, the new Post Office Growth Bonds offer a guaranteed return at a competitive rate. With a minimum investment of only £500, these bonds are ideal for all types of saver looking to take advantage of rates of up to 4.3%."

To find out more about Post Office Growth Bonds, visit postoffice.co.uk