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Coventry 5.8% fixed bond to 31st Jan 08

Coventry Building Society has announced a new fixed rate bond here:

http://www.covbsoc.co.uk/savings/productfeatures.aspx?ProdCode=CEB12

Minimum investment is £1000 and rate is fixed for 15 months at 5.8% gross.

Rates are tipped to go up over this period, but the next best one I can find at the moment is the West Brom B. Soc (5.65% until 31st Oct 07). Watch for more launches in the fixed rate bond market.

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