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Leeds BS unveils super short term bond

Leeds BS unveils super short term bond

Category: Savings

Updated: 12/04/2011
First Published: 12/04/2011

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Leeds Building Society has unveiled a new postal bond to add to its array of fixed rate bonds.

Paying 2.75%, the Fixed Rate Postal Bond sits just below the market leaders for bonds with less than a one year term (the account matures 31 January 2012).

A minimum investment of £1K is required, while additional investments are allowed while the issue remains open.

Unusually for a fixed rate account, this one offers the flexibility of unlimited penalty free withdrawals.

Four out of five Moneyfacts stars are well deserved for a bond which is sure to appeal to savers.

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