UK Money News
4th June 2008
Abbey's one-year bond offers "highest rate on high street"
Abbey has launched a new fixed rate bond offering investors a return of 7.01 per cent.
The Fixed Rate one year Bond from the lender is available from today and is suitable for "customers looking for a guaranteed return on an amount of money they can lock away for one year".
Customers can access the account with a minimum deposit of £30,000, with the maximum sum permitted to be held in the account standing at £2 million.
Reza Attar-Zadeh, director of savings and investments at Abbey, said: "The current environment for savers is exceptional."
"This is the highest rate available on the high street for a one year bond."
The bond will only be available to a set number of customers and will be withdrawn on June 30th.
Consumers who are interested in the offer are able to apply either by visiting their local branch of Abbey or telephoning its customer sales line.
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