Donate SIGN UP

bonds

Avatar Image
millerxxx | 18:01 Thu 12th Nov 2009 | Business & Finance
4 Answers
does anyone know of a good fixed rate bond to invest in
thanks
Gravatar

Answers

1 to 4 of 4rss feed

Best Answer

No best answer has yet been selected by millerxxx. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
National Savings are offering good rates at the moment
If you can tie up your money for 5 years the Yorkshire Building Society will give you 5.3%. Its subsidiary, the Barnsley BS, has a range of one to four year bonds paying 3.1% (1 year) 4.0% (2 years) 4.8% (3 years) and 5.0% (4 years). I think these are the best around at the moment. Bear in mind these are gross rates and should be reduced by 20% if you are a standard rate taxpayer.

National Savings fare slightly better for the shorter term bonds (3.95% for one year and 4.25% for two years).

You can keep an eye on all the latest offers (which are constantly changing) at:

http://www.moneysupermarket.com/
It depends on how long you want to tie your money for, the longer the period the better the interest rate.

Cheltenham and Gloucester are offering 4.2% for a two year period at the moment but you may have to get in quick.
The Post Office are offering up to 4.55 % at the moment http://www.postoffice...0232&mediaId=19300235

1 to 4 of 4rss feed

Do you know the answer?

bonds

Answer Question >>