Last updated: 1st July 2022 12:00pm
All best fixed rate offers increase over the past week.
Short-term fixed rate bonds appear to be popular right now. In particular, there has been an increased interest in six to nine month bonds on our consumer website, which could be the result of savers expecting further base rate hikes in the short-term.
While this may be where consumers are most interested, there continues to be movement across the overall fixed rate market. Compared to last week, the top providers on the fixed rate bond market have all changed this week, with better rates. In the easy access market, Al Rayan Bank and Gatehouse Bank both changed their offers this week, as they attempt to offer the best expected profit rate on the market. Meanwhile, Secure Trust Bank also appears on our notice roundup.