| Nationwide introduces new bond range |
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| 06 July 2009 | |
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Rates on the six-month Fixed Rate Bonds and e-Bonds, the one-year Guaranteed Savings Bond, three-year Stepped Rate Bond and the full range of Fixed Rate ISA Bonds remain unchanged. The Guaranteed Savings Bond is only available to those who open a new six-year Guaranteed Equity Bond (GEB) for at least the same amount via the branch network. The minimum investment is £3,000 in each product (£3,600 if a GEB ISA is opened or transferred into the GEB) and at least half of the total investment must be in the GEB.
"At a time when the Base Rate remains at a historic low of 0.50%, the Society's rate increase on a number of its bonds is good news for those looking for a guaranteed interest rate and reaffirms Nationwide's commitment to savers,” said Andy Hutchinson, head of savings at Nationwide.
The previous range of bonds will be withdrawn at 11.59pm today Monday. |
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Nationwide Building Society announced details of a new range of Fixed Rate Bonds and e-Bonds today, all offering a guaranteed interest rate for savers, and all available from tomorrow Tuesday.




