Best 1 year bond

Thursdays_child_3

I am looking for the best rate 1 year bond to invest in.

Old_Slaphead

Anglo Irish 6.90% - £500+

RayWolfe

Thursdays_child wrote: »

I am looking for the best rate 1 year bond to invest in.

We all are, that's why we look in places like this:
http://www.moneyfacts.co.uk/default.aspx

Thomas_Crown

Old_Slaphead wrote: »

Anglo Irish 6.90% - £500+

I've just withdrawn £xxxxxx from Icesave & the money is ready to be invested in an Anglo Irish Bank 1 year bond.

The money left Icesave on Monday & was in LTSB yesterday afternoon. I've just had a phone call from my branch of LTSB asking me if I was aware that this money was in my Classic Plus account & reminding me that 4.25% interest is only paid on the first £2,500 of money in the account. The best interest rate LTSB could offer me is 6.5%. I realise that they were touting for business but equally it was good of them to remind me that I am not receiving interest on all of my money. I pointed out that I am most likely going to invest the money @ 6.9% AER. I am just hanging back a couple of days to see if any better interest rates are launched this week. Fingers crossed.

Geoffo_M

Birmingham Midshires have just bought out an 11 month bond paying 6.95%. So who will be the first to announce the first 7% fixed rate bond?

Liz_the_Whizz

Gazing into my crystal ball, I guess ..... Stroud and Swindon;)

Thomas_Crown

Liz_the_Whizz wrote: »

Gazing into my crystal ball, I guess ..... Stroud and Swindon;)

What a coincidence, my crystal ball also guides me towards Stroud & Swindon @ 7.05% from Friday 13th September.

Leighthal

Thomas_Crown wrote: »

What a coincidence, my crystal ball also guides me towards Stroud & Swindon @ 7.05% from Friday 13th September.

Your ball needs a polish

Crabby

With one year fixed rate bonds, does the year begin on the date of issue or the date I buy the bond?

RayWolfe

Some do and some don't. You need to read the terms.