New fixed-rate bonds
Santander, the high street lender, has launched a new range of fixed-rate bonds.
These new bonds should be of particular interest to those consumers seeking the best savings interest rates, which with these pay up to 3.75 per cent gross/AER.
Director of savings and investments at Santander, Reza Attar-Zadeh, said the new range of fixed rate bonds “continue to offer good value for customers looking for a guaranteed fixed income”.
They offer peace of mind for those savers “who want to know exactly what return they will receive from the outset”, he added.
“These bonds are only available while stocks last so those customers wishing to take advantage should act now to secure what are competitive rates in the current low base rate environment,” Mr Attar-Zadeh added.
Last month, the Guernsey-based savings and mortgages provider Skipton International launched a new fixed-rate sterling account paying 3.5 per cent gross per annum.