Standard Life relaunches business bond - Business - News |

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Standard Life relaunches business bond

Standard Life relaunches business bond

Category: Business

Updated: 04/04/2011
First Published: 14/07/2009

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 It is now over 6 months old so the content may be out of date.

Standard Life Bank has relaunched its 9 month fixed rate bond, which is excellent news for charities.

It is a fixed term telephone operated account which matures on 14.4.10, paying a rate of 2.90% (2.86% monthly) on a minimum investment of £1K. No early access or additions are permitted.

This highly competitive rate is amongst the market leaders in the short term market, although in times of falling donations and subscriptions, charities must ensure the funds will not be needed during the term.

The product has been awarded four out of five Moneyfacts stars.

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 Any products featured may be withdrawn by their provider or changed at any time.