Leeds Building Society has unveiled a new postal bond paying six per cent interest until the end of the year, with a 5.2 per cent fixed rate thereafter until March 31st, 2008.
The bond is a simple investment and savings opportunity and has the added caveat of allowing holders access to up to 25 per cent of the initial investment amount at any time without incurring a fee.
Stuart Fearn, product development manager for Leeds, said the new offer ensured its customers could receive a "very competitive return" as well as "the peace of mind" of a fixed rate of interest.
"The product is also available to the smaller investor, with a minimum operating balance of only £100," he said.
"There is a monthly interest option for people who require an income. Therefore, any investor can benefit from this fixed rate product that provides excellent value, flexibility and peace of mind."To read more about investments, click here.
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