Savings Bonds
Savings providers pulled both ways as HBOS removes bonds
Commenting on HBOS' move to pull bonds provided through the Birmingham Midshires, AA and SAGA brands, Kevin Mountford, head of banking at moneysupermarket.com, said: "Whilst HBOS pulled its products before today's rate cut, this move surely heralds a change in the winds of fixed rate savings.
A&L launches one year fixed rate bond paying 6.50%
Alliance & Leicester has launched a new fixed rate bond paying 6.50% gross on lump sum investments between £1,000 and £10,000, which replaces the Premier Regular Saver.
Principality Building Society launches unique nine month bond
With the after shock of the worlds credit crunch rippling through the UK, Principality, Wales' largest building society, has launched a unique nine month bond designed for those savers worried about investing more than £35,000 with one single institution.
New bond provides strong returns for savers
Barclays has launched a new high interest bond aimed squarely at customers looking for a quality investment in the current market. Available from Friday 19 September 2008, the new nine month savings bond offers 6.3% interest Gross/AER, and is open to both new and existing customers.
Fixed rate bond boom is over
Michelle Slade, analyst at Moneyfacts.co.uk, comments: "Earlier this year, fixed rate bonds were paying some of the highest rates ever seen, but as the pressure in the money markets eases, rates have started to decline.
Nationwide offers L&G Capital Guaranteed Multi-Index Equity Bond
With effect from today, Monday 15 September 2008, Nationwide will offer a new Legal & General L&G) Capital Guaranteed Multi-Index Equity Bond (GEB).
Newcastle launches new secure bond
Newcastle Building Society has announced the launch of a new Secure Bond with a fixed rate of 6.20%, allowing withdrawals on up to 25% of the invested amount without penalty.
Skipton launches new fixed bonds
Skipton Building Society is launching new issues of its Pick ‘N' Fix bond, paying a rate of 6.05% gross pa with a monthly income option at 5.85% gross pa.
Cheshire raises rates on three Fixed Rate Savings Bonds
Cheshire Building Society has increased rates on three of its Fixed Rate Bonds, offering savers even better competitive rates for their money.
Outstanding 7.31% return for Inflation Buster savers
Investors in Leeds Building Society's first issue of its Inflation Buster Bond are celebrating an annual return of 7.31% following the first anniversary of this innovative savings account that is guaranteed to beat inflation.
More inflation beating products from Britannia
Britannia Building Society has added another inflation beating product to its savings range. Available from Saturday 23 August, the new Inflation Beater 2 year Bond guarantees an interest rate higher than the Rate of Inflation.
Leeds to launch Fixed Rate Bond with access
Leeds Building Society is launching a new fixed rate bond that combines a competitive return of up to 6.25% gross p.a./AER, with access to 25% of the balance without notice or penalty at any time.
Bond markets react to inflation report
With the Bank of England's Quarterly Inflation Report talking about a fall in the headline inflation rate in the medium term and a significant snap-back in the oil price, bond markets were quick to price in two, possibly three, rate cuts in the next 12 months.
Skipton launches new fixed bonds online
Skipton Building Society has launched new issues of its Pick ‘N' Fix bond online, paying a rate of 6.50% gross pa, and a monthly income option at 6.25% gross pa.
Standard Life’s International Bond sales approach £600 million
Standard Life International has announced that sales of its portfolio International Bond have reached £593m, with sales for the first six months of 2008 totalling £270m. This compares with sales of £284m in the whole of 2007.