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How many more banks will follow?

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Comments

  • cogito
    cogito Posts: 4,898 Forumite
    Skipton offered a 9 month bond in May last year with an APR of 3.95% so it matures next month. It will be interesting to see what they offer when the bond matures. I expect to be putting my money elsewhere and I doubt I'll be the only one.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    cogito wrote: »
    Skipton offered a 9 month bond in May last year with an APR of 3.95% so it matures next month. It will be interesting to see what they offer when the bond matures. I expect to be putting my money elsewhere and I doubt I'll be the only one.

    Currently 5% if you want to fix to 2015.
  • orangefender
    orangefender Posts: 32 Forumite
    HAMISH_MCTAVISH wrote: »

    Call me eccentric, but I think the BoE and Morgan Stanley have vastly more expertise, experience and credibility than a bunch of armchair economists on MSE.

    True, but it doesn't mean their press releases reflect what they actually think! They have their own agendas.
  • treliac
    treliac Posts: 4,524 Forumite
    Some of the banks have never lowered their SVRs much anyway. Standard Life has never gone below 5.34%.
  • Bootski
    Bootski Posts: 771 Forumite
    They're small fish in a big sea - won't have much impact at all
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Bootski wrote: »
    They're small fish in a big sea - won't have much impact at all

    They are part of Barclays. ;)
This discussion has been closed.
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