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Dudley improves one-year business bond

Dudley improves one-year business bond

Category: Business
Author: Lieke Braadbaart
Date: 31/01/2018

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 It is now over 6 months old so the content may be out of date.

Dudley BS has increased the rate on its one-year business savings bond by 0.10%, which sees it improve its position in the Best Buy chart for its sector and earn a high Moneyfacts rating.

The basics…

The Corporate One Year Fixed Rate Bond Issue 2 now pays a rate of 1.41% on maturity, which must be compounded.

The finer details…

This account requires a minimum deposit of £50,000, up to a maximum of £500,000. It can be opened by limited companies, trust funds, pension fund managers, financial intermediaries and certain other groups if limited. No access is allowed before the full year is up, so businesses will have to ensure they are happy with their chosen investment from the start. The account can be opened and operated by post and in branch.

Why we like it…

The improved rate on this account is enough to secure it a competitive place in the Best Buys for its sector, as well as a high rating.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

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