Investec Bank plc has issued a highly competitive three-year bond, available to savers with deposits of £25,000.
The 3 Year Fixed Term Deposit pays an annual rate of 2.30%, whilst an AER of 2.25% is paid upon maturity.
Further additions and early access to funds cannot be made during the three-year term.
The account can be operated by savers aged 16 and over by telephone, post or online.
This new bond sits comfortably within the top ten medium-term fixed-rate bond market and should appeal to savers with large lump sums to invest. Four out of five Moneyfacts Stars have been awarded.
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