Coventry BS launches 2 year fixed rate savings bond

Coventry Building Society has launched a best buy fixed rate savings bond - 3.70% AER/Gross p.a. Fixed Bond to 31st August 2012.

Savers can invest any amount from £1 to £250,000 with the option of monthly interest payments available for those customers wanting a regular income from their investment.

Colin Franklin, Sales and Marketing Director at Coventry Building Society said: "With a fantastic rate of 3.70% AER/Gross p.a. our 2 year fixed bond has secured its place as a best buy product. Applications can be made via all channels including branch, telephone as well as online. We expect our new bond to be very popular amongst savers; with a minimum investment of £1 this bond is available to everyone".        

Customers can apply by visiting thecoventry.co.uk.