Progressive BS has kept rates unchanged on its fixed term bond portfolio, bucking the recent trend of downward reversions.
Its Limited Issue 1 Year Fixed Term Bond matures on 1.2.11, with a minimum investment of £500 (£5K for monthly option) paying 3.45% yearly (3.30% monthly), £50K – 3.50% (3.35%, £100K – 3.60% (3.45%).
Its Limited Issue 2 Year Fixed Term Bond matures on 1.2.12, with a minimum investment of £500 (£5K for monthly option paying 4.20% yearly (4.05% monthly).
No early access is permitted, although further additions can be made (minimum £500) whilst the issue remains open.
Both bonds have been awarded four out of five Moneyfacts stars.
Compare short term fixed rate bonds
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