Melton Mowbray launches one-year bond - Savings - News - Moneyfacts


Melton Mowbray launches one-year bond

Melton Mowbray launches one-year bond

Category: Savings

Updated: 29/05/2012
First Published: 29/05/2012

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 It is now over 6 months old so the content may be out of date.

Melton Mowbray Building Society has extended its fixed rate savings portfolio by launching a one-year bond.

The Online Fixed Rate Savings bond pays 3.35% on maturity (31 May 2013). This internet-operated account sits within the top ten of short-term bonds.

The minimum investment requirement is £1K up to a maximum of £250K.

Savers need to be certain that they can commit funds for the full term as early access is not allowed.

Four out of five Moneyfacts stars have been awarded.

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