Stroud And Swindon 7.05% Bond

kanchhelskis

Daer Guys And Girls From Tomorrow Stroud And Swindon Launch A Fixed Term Bond Till 2 December 2008 Paying A Fantastic 7.05% 5.64% Net, Minimum £1 Pound Deposit, Thumbs Up I Say Its All Good.

Old_Slaphead

Schweinhunts - about a week ago they had a bond maturing and offered a fab 6.25% for 1 or 2 years!

bristolleedsfan

halifax 2 and 3 year websavers going up from 14th september as well.

http://www.moneyfacts.co.uk/savings/bestbuys/fixed-rate-savings-accounts.aspx

im sure someone will topple stroud + swindon 1 year rate only question is who will go 7.10% :rotfl:

Old_Slaphead

Are we near the top yet ???

This is getting a bit expensive keep buying into these FRBs.

RayWolfe

Yep. I'm nearly out of free cash. ;-)

Liz_the_Whizz

Who ever would have thought a year ago that we would be baulking at a 7% bond

Sorely tempted, but no, I don't think it's time to fix yet:cool:

kanchhelskis

i agree with the last post 1 year bonds keep rising i think we could see a 7.25% maybe in two weeks.

ramborai1987

i mean which bank's and building societies are left to contribute a higher fixed rate bond?

i can't see any of the major 6 banks offering over 7%, possibly between 6.7 - 6.8%.

Alliance and Leicester and Yorkshire are offering high rates through their regular savers so i can't see them offering bonds.

Only other one i think that could possibly is Northern Rock

baby_boomer

ramborai1987 wrote: »

which bank's and building societies are left to contribute a higher fixed rate bond?

We are at the start of a series of industry-wide mortgage rate increases as a result of the credit crunch.

Who knows what is possible ?

Societies offering high rate bonds know that they are simultaneously putting pressure on their banking mortgage competitors whose usual source of funds has dried up.

bristolleedsfan

kanchhelskis wrote: »

i agree with the last post 1 year bonds keep rising i think we could see a 7.25% maybe in two weeks.

if that occurs im sure you will be the first to post. :rotfl:

will be interesting to see if nationwide come back with a higher one year fixed rate after all nationwide will want to try and prevent both former portman account funds flowing out and the merger payments going elsewhere.

johnydeath

This Stroud & Swindon looks very interesting as a stop gap while waiting to see what happens.

I'm very tempted to pop some in for a year. It might be worth opening one at the minimum amount so you have the facility there 'if' rates do not increase and you need it later to fall back on.

Thoughts?