New fixed rate bond for short term savers
A new savings bond offering a best buy return is being added to Yorkshire Building Society's fixed term portfolio from Friday.
The
new one year fixed rate bond - which pays 3.50% gross/AER and matures
on 31st January 2013 - is available through Yorkshire Building Society
branches, by telephone and online.
Yorkshire Building Society Savings Product Manager Mike Helliwell commented:
"We know many savers are unwilling to tie up their money longer term at the moment, when so much uncertainty remains about interest rates and what may happen to them in the future,"
"The new savings bond offers a best buy rate for a shorter-term fixed period and we are introducing it across all channels so savers can open and operate their account in the way that suits them best."
The minimum deposit in the new bond is £1,000 and up to £2 million can be invested.
Yorkshire Building Society Savings Product Manager Mike Helliwell commented:
"We know many savers are unwilling to tie up their money longer term at the moment, when so much uncertainty remains about interest rates and what may happen to them in the future,"
"The new savings bond offers a best buy rate for a shorter-term fixed period and we are introducing it across all channels so savers can open and operate their account in the way that suits them best."
The minimum deposit in the new bond is £1,000 and up to £2 million can be invested.
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Lloyds
Lloyds sets aside extra £4bn for high-LTI mortgage lending
Santander
Santander to acquire TSB in £2.65bn deal
Bank Of England
Bank of England issues first-of-its-kind fine of £11.9m
Regulation
Lenders urged to prepare for court ruling on commissions as motor finance complaints surge
Government
Government confirms launch of permanent Freedom to Buy mortgage scheme
FCA
FCA fines Barclays £42m over financial crime risks
