Online savers click with Yorkshire one year bond

Yorkshire Building Society is offering online investors a best buy one year savings bond. The latest bond - which pays 3.45% gross/AER - is one of a range of online savings products to give members a choice of short-term investments.

It is complemented by an 18 month bond, offering a competitive 3.6% gross/AER.

"As swaps rates continue to change within the market here at the Yorkshire we are continuing to provide competitive rates for our customers through a range of products," said Yorkshire's Savings Product Manager Mike Helliwell.

"We believe this new one year e-bond will be attractive to customers who are wishing to make the most of their savings at this time."

The minimum amount needed to open a bond is £1,000 and savers can invest up to a maximum of £2,000,000.

The one year bond matures in August 2012 and is available online - visit ybs.co.uk for more details.

The 18 month bond, which matures in February 2013.