Julian Hodge Bank has increased the rate offered by its charity bond.
The 1 Year Charity Capital Millennium Bond has been increased by 0.05% to 3.05%. Monthly options have also increased, while all other terms and conditions remain unchanged.
This rate increase is good news for charities looking for a fixed investment for surplus funds.
At 3.05% this short term bond is a market leader in its in field so should fare well.
Four out of five Moneyfacts stars have been awarded.
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