Abbey launches investment bond

Wednesday, December 21, 2005

Abbey has announced the launch of an investment opportunity in the form of the Abbey stepped rate bond, which is available now.

The offer is limited, however, and will cease on January 10th 2006, meaning those wishing to take advantage of the investment opportunity will have to act fast.

The bond, which runs for 21 months, has fixed interest rates that step up twice during the life span of the investment, from 4.30 percent to 4.60 per cent, and then again to 5.00 per cent.

"This is a great way for people to get a good return on their money but also have the security of knowing that their money is 100 per cent guaranteed," said Alexia Kilby, head of savings marketing.

"With a fixed rate of interest that increases during the term of the bond, customers know exactly what they're getting back on their money. People who want a regular income from the bond can choose the monthly interest option which will be paid into another account."

The bond matures on October 1st 2007.

Interested in investing your money? Click here:
http://www.europinions-finance.co.uk/investments/investments/