Abbey and Alliance & Leicester offers new fixed rate bonds

The Abbey and Alliance & Leicester on Wednesday will start offering a new range of competitive Fixed Rate Bonds that will pay up to 4.10 percent gross/AER for its customers.

In a statement, the company said the new fixed rate bonds offer is the company’s way of rewarding its loyal customers and enticing new ones.
Reza Attar-Zadeh, director of savings and investments, said, “These bonds could be ideal for those savers looking for a guaranteed fixed income, knowing exactly what return they will receive.  With rates of up to 4.10 percent available, this latest range offers competitive returns.  However, rates are available for a limited time only and may be withdrawn without notice, so we would encourage people to open one without delay”.

Customers who want to avail of the new fixed rate bonds, Attar-Zadeh advice them to visit any local branch of Abbey, Alliance & Leicester and Bradford & Bingley. They can also apply online and visit www.abbey.com or by dialing 0800 234 6065.

According to the company, the existing range of fixed rate bonds would be withdrawn from sale from sale which includes eBonds offered by Bradford & Bingley.

The Abbey and Alliance & Leicester is part of the Santander group which is offering the fresh range of fixed rate bonds.