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Fixed rate bond race is on as deals become fully subscribed

16 November 2009 / by Rebecca Sargent

Savers looking for fixed rate bonds need to act fast as the average bond shelf-life fell to a new low last month, Moneyfacts.co.uk has claimed.

According to the financial information providers, the average shelf-life of a fixed rate bond was just 23 days last month, compared to March 2006 when the figure stood at 158 days.

Commenting, Michelle Slade, spokesperson for Moneyfacts.co.uk said: "The demand for fixed rate investments continues to increase as savers look to maximise returns.

"Such high demand means that bonds are being fully subscribed quickly, causing providers to pull many of the most competitive deals and replace them with new issues."

According to further research by Moneyfacts.co.uk, 34 per cent of all savings internet searches are for fixed rate bonds, and the average amount invested now stands at £40,076.

And, as the maximum available interest rates on fixed rate bonds have fallen from 6.70 per cent to 3.95 per cent over the last year, savers are advised: "If you want to secure the best deal, then act fast."

Click to compare leading fixde rate bonds »

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ProviderPlan NameMaximum Potential Return*TermMore Info
FTSE 100 Enhanced Kick Out Plan Investec Version13.50%
per annum
Up to
5 years
More Info >
Structured investment plan with the potential to mature after years 1, 2, 3 and 4. If the plan matures early it will return 13.5% times the number of years the plan has been in force. Also available for Stocks & Shares ISA and ISA transfer.
FTSE Bonus Growth Plan12.50%
per annum
Up to 6 yearsMore Info >
6 year structured investment plan with the potential to mature early, returning the greater of 12.5% for each year the plan is in place, or the highest return from the FTSE, measured daily. Also available for Stocks & Shares ISA and ISA transfer
Investors Defined Growth Fund11.00%
per annum
Up to 6 yearsMore Info >
6 year structured investment plan with the potential to mature early, returning 11% x the number of years the plan is in place. Also available for stocks and shares ISA and ISA transfer.
Early Bonus Plan11.00%
per annum
Up to 6 yearsMore Info >
A 6 year structured investment plan with the potential to mature early, paying 11% for every year the plan is active. Also available for Stocks & Shares ISA and ISA transfer.
FTSE 5 Quarterly Defensive Plan4.25%
per quarter
5 YearsMore Info >
A 5 year structured investment plan with the potential to return 4.25% x the number of quarters the Plan has been active.
FTSE Booster Plan60%6 yearsMore Info >
6 year structured investment plan that offers a fixed growth return of 60% even if the FTSE 100 falls. Also available for Stocks & Shares ISA and ISA transfer.
FTSE 100 Geared Returns Plan80%5 yearsMore Info >
5 year structured investment plan with the potential to receive a defined return of 80%. Also available for Stocks & Shares ISA and ISA transfer.
Growth Plan60%5 yearsMore Info >
A 5 year structured investment plan which aims to provide a defined return of 60% at maturity. Also available for Stocks & Shares ISA and ISA transfer.
FTSE 100 Accelerated Growth PlanNo limit5 yearsMore Info >
5 year structured investment plan with the potential to return 2.2 x any growth in the FTSE 100 Index after 5 years. Also available for Stocks & Shares ISA and ISA transfer.
Annual Locked-In Return Plan36%6 yearsMore Info >
6 year capital protected structured deposit plan which aims to return 6% annual growth capped at 36%. Also available for Cash ISA and Cash ISA transfer.
FTSE Protected Growth Plan35%6 yearsMore Info >
A 6 year capital protected structured investment plan that offers a potential early exit return of 35%. Also available for Stocks & Shares ISA and ISA transfer.
Inflation Protected Deposit BondRPI Tracker 5 yearsMore Info >
5 year capital protected structured deposit plan offering 100% of any growth in the Retail Prices Index with no cap (minimum return of 16%). Also available for Cash ISA and Cash ISA transfer.
FTSE 100 3 Year Deposit Plan 19%3 yearsMore Info >
3 year capital protected deposit plan with the potential to receive a defined return of 19%. Also available for Cash ISA and Cash ISA transfer.
FTSE 100 Deposit Growth PlanNo limit5 yearsMore Info >
5 year capital protected structured deposit plan which aims to return 1.0 x any FTSE 100 growth. Also available for Cash ISA and Cash ISA transfer.
Growth Deposit Bond50%6 yearsMore Info >
6 year capital protected structured deposit plan which returns the greater of 8.00% or 1 x any FTSE 100 growth, capped at 50%. Also available for Cash ISA and Cash ISA transfer.
FTSE 100 Kick Out Deposit Plan - Option 26.25%
per annum
Up to
5 years
More Info >
Capital protected deposit plan with the potential to mature after years 2, 3, 4 and 5. If the plan matures early it will return 6.25% times the number of years the plan has been in force. Also available for Cash ISA and Cash ISA transfer.
FTSE 100 Kick Out Deposit Plan - Option 16.00%
per annum
Up to
5 years
More Info >
Capital protected structured deposit plan with the potential to mature after years 1, 2, 3, and 4. If the plan matures early it will return 6% times the number of years the plan has been in force. Also available for Cash ISA and Cash ISA transfer.
Moneybuilder5.75%
per annum
6 yearsMore Info >
A 6 Year capital protected structured deposit growth plan with the potential to pay 5.75% pa, up to a maximum of 34.5% over 6 years at maturity. Also available for Cash ISA and ISA Transfer.
* Maximum Growth Yields are not guaranteed and subject to certain conditions

The value of investments and any return from them can fall as well as rise and you may not get back the full amount invested. Please ensure that you read the Important Risk Information below.