This month will mark eighteen months of the Bank of England base rate remaining at 0.5%.
Many experts believe that the Monetary Policy Committee will once again decide to keep interest rates on hold this month, with the next change predicted to be sometime next year.
This forecast has seen many savers locking their money in for a short period, to avoid losing out in the long term, when rates increase.
Here is a selection of the current best six month fixed rate bonds.
This six month bond, recently launched by Principality Building Society, pays 1.75% on maturity. A monthly interest option is available at 1.74%. Savers can invest between £500 and £1m and further additions are allowed whilst the issue remains open. Early access is not permitted. The account is available to savers of all ages and can be operated in branch or by post.
The Fixed Rate Bond pays 1.74% on maturity and a monthly interest option is also available at the same rate. Investments range between £1,000 and £1m. Further additions and early access is not allowed. The account can be operated in branch, by post or online by savers of all ages.
This six month bond from
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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 Any products featured may be withdrawn by their provider or changed at any time.