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Coventry e-bond 5.80%
Speculator
Posts: 2,244 Forumite
According to moneyfacts, wef 27/10/2006, Coventry BS will launch an e-bond paying 5.80%. Minimum balance is £1000.00 fixed until 31/01/08
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Comments
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So what is the term - 15 mths?0
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Yes, it's on their website today, front page news - FIRST CLICKED, FIRST SERVED "Fixed Rate e-Bond (12) 31.01.2008"
Min £1,000 max £250,000. Designed for one off lump sums
An emergency withdrawal allowed, with 90 days loss of interest. Doesn't seem to mention if it's just one allowed.
But appears to be quite a good bond if you can tie your money up.
All depends on what the interest rates are going to do?0 -
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Is the 90 days interest lost JUST on the money withdrawn or on the total sum invested?0
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