Nationwide has launched a range of new bonds to attract savers, including a one-year fixed-rate e-Bond paying 6.70% gross and a one-year bond paying the same rate and available to new and existing FlexAccount holders.

The other new bonds are a two-year e-Bond paying 6.60% gross p.a./AER; a six-month bond paying up to 6.70; a two-year bond paying up to 6.50% gross and a three-year Loyalty Fixed-Rate Bond paying up to 6.50% gross p.a. for savers who have been with the society for three years or more.

Lee Raybould, head of savings at Nationwide, said: "The fixed-rate bond market continues to be a very competitive place for savers looking to tie their money in for a fixed period at a rate of interest that is guaranteed not to change.  The launch of our new six-month Fixed Rate Bond offers savers a great rate over a shorter period.  Those who want to fix for longer can still choose a competitive one, two or three-year product."

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