Business bond retains chart place | Product News - Moneyfacts

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Business bond retains chart place

Business bond retains chart place

Category: Business
Date: 06/01/2016

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 It is now over 6 months old so the content may be out of date.

Hampshire Trust Bank has reduced the rate paid on its one-year fixed rate business bond, but thanks to its continued competitiveness, it has maintained its place in the Moneyfacts charts.

The basics…

1 Year Business Fixed Rate Bond Issue 3 now pays a competitive rate of 1.80% on maturity, a top-10 rate for its sector.

The finer details…

This account must be managed by post with a minimum investment of £5,000. Additional deposits and withdrawals prior to maturity are not welcomed, so business owners must ensure that they are comfortable with the sum they are locking away.

Why we like it…

This deal continues to keep its competitive edge in the market, in spite of the recent rate reduction. Business owners who are looking for a short-term home for their non-personal savings are therefore likely to find this an attractive proposition.

Moneyfacts rating: Excellent

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
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