Yorkshire Building Society has released a new one-year e-bond that has headed straight into the Moneyfacts charts.
Fixed Rate E-Bond will be available from 22.10.2014 and pays a competitive rate of 1.90% yearly until 31.3.16.
This internet-operated account needs an initial investment of just £1,000. While no early access is permitted, further additions can be made while the issue is open.
For investors who would prefer to manage the bond via other methods, an alternative version of the bond is available that can be operated either in branch or by post.
Barnsley Building Society, Norwich & Peterborough Building Society and Chelsea Building Society are also offering the bond.
This new e-bond offers an enticing and competitive rate, which has helped it to secure a place among the top 10 market-leaders for its sector. Although no early access to funds is allowed, further additions can be made while the issue is open, which offers investors some welcome flexibility.
Four Moneyfacts Stars have been awarded.
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