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Fixed Rates Northern Rock - a subsidiary of HM Treasury and UK Taxpayers everywhere
bristolleedsfan
Posts: 12,962 Forumite
Fixed Rate Bonds
Fixed Rate Bonds offer you protection from the ups and downs of interest rates by giving you a guaranteed interest rate for the full term of your investment.
You have the choice of fixing your rate over 1, 2 or 3 years with interest paid either annually or monthly.
You can open your Fixed Rate Bond at your nearest branch or by post via our registered Head Office, with a minimum opening balance of just £1.
Our Fixed Rate Bonds are strictly limited issues and will be withdrawn once fully subscribed.
fixed rate bonds interest rate table
current rates
1 Yr Fixed Rate Bond Issue 292
£1
6.71 %
1. Where the balance falls below £1, interest will be earned at the prevailing basic rate, currently 0.10% gross p.a.
2. Gross is the rate of interest without the deduction of tax (please also see note 3).
3. Net p.a. is the annual rate of interest payable after the deduction of lower rate tax (currently 20%). Interest will be paid net or, subject to the required certification, gross. Where the tax deducted exceeds an investor's tax liability (if any), a claim may be made to HM Revenue & Customs for repayment of tax. For individuals whose income falls within the lower or basic rate bands, the tax deducted will match their liability to tax on the interest and they will have no more tax to pay on it. Individuals who are liable at the higher rate of income tax of 40% will have to pay additional tax on the interest to cover the difference between the tax deducted and the higher rate tax due.
4. AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added to the capital balance each year.
1 Yr Fixed Rate Bond Issue 292
(Monthly) 07/09/2007 £1 6.41 5.12 6.60 show notes
1. Where the balance falls below £1, interest will be earned at the prevailing basic rate, currently 0.10% gross p.a.
2. Gross is the rate of interest without the deduction of tax (please also see note 3).
3. Net p.a. is the annual rate of interest payable after the deduction of lower rate tax (currently 20%). Interest will be paid net or, subject to the required certification, gross. Where the tax deducted exceeds an investor's tax liability (if any), a claim may be made to HM Revenue & Customs for repayment of tax. For individuals whose income falls within the lower or basic rate bands, the tax deducted will match their liability to tax on the interest and they will have no more tax to pay on it. Individuals who are liable at the higher rate of income tax of 40% will have to pay additional tax on the interest to cover the difference between the tax deducted and the higher rate tax due.
4. AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added to the capital balance each year.
2 Yr Fixed Rate Bond Issue 293
(Annual) 07/09/2007 £1 6.40 5.12 6.40 show notes
1. Where the balance falls below £1, interest will be earned at the prevailing basic rate, currently 0.10% gross p.a.
2. Gross is the rate of interest without the deduction of tax (please also see note 3).
3. Net p.a. is the annual rate of interest payable after the deduction of lower rate tax (currently 20%). Interest will be paid net or, subject to the required certification, gross. Where the tax deducted exceeds an investor's tax liability (if any), a claim may be made to HM Revenue & Customs for repayment of tax. For individuals whose income falls within the lower or basic rate bands, the tax deducted will match their liability to tax on the interest and they will have no more tax to pay on it. Individuals who are liable at the higher rate of income tax of 40% will have to pay additional tax on the interest to cover the difference between the tax deducted and the higher rate tax due.
4. AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added to the capital balance each year.
2 Yr Fixed Rate Bond Issue 293
(Monthly) 07/09/2007 £1 6.10 4.88 6.27 show notes
1. Where the balance falls below £1, interest will be earned at the prevailing basic rate, currently 0.10% gross p.a.
2. Gross is the rate of interest without the deduction of tax (please also see note 3).
3. Net p.a. is the annual rate of interest payable after the deduction of lower rate tax (currently 20%). Interest will be paid net or, subject to the required certification, gross. Where the tax deducted exceeds an investor's tax liability (if any), a claim may be made to HM Revenue & Customs for repayment of tax. For individuals whose income falls within the lower or basic rate bands, the tax deducted will match their liability to tax on the interest and they will have no more tax to pay on it. Individuals who are liable at the higher rate of income tax of 40% will have to pay additional tax on the interest to cover the difference between the tax deducted and the higher rate tax due.
4. AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added to the capital balance each year.
3 Yr Fixed Rate Bond Issue 294
(Annual) 07/09/2007 £1 6.40 5.12 6.40 show notes
1. Where the balance falls below £1, interest will be earned at the prevailing basic rate, currently 0.10% gross p.a.
2. Gross is the rate of interest without the deduction of tax (please also see note 3).
3. Net p.a. is the annual rate of interest payable after the deduction of lower rate tax (currently 20%). Interest will be paid net or, subject to the required certification, gross. Where the tax deducted exceeds an investor's tax liability (if any), a claim may be made to HM Revenue & Customs for repayment of tax. For individuals whose income falls within the lower or basic rate bands, the tax deducted will match their liability to tax on the interest and they will have no more tax to pay on it. Individuals who are liable at the higher rate of income tax of 40% will have to pay additional tax on the interest to cover the difference between the tax deducted and the higher rate tax due.
4. AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added to the capital balance each year.
3 Yr Fixed Rate Bond Issue 294
(Monthly) 07/09/2007 £1 6.10 4.88 6.27 show notes
__________________
http://www.northernrock.co.uk/savings/fixed-rate-bonds/
Fixed Rate Bonds offer you protection from the ups and downs of interest rates by giving you a guaranteed interest rate for the full term of your investment.
You have the choice of fixing your rate over 1, 2 or 3 years with interest paid either annually or monthly.
You can open your Fixed Rate Bond at your nearest branch or by post via our registered Head Office, with a minimum opening balance of just £1.
Our Fixed Rate Bonds are strictly limited issues and will be withdrawn once fully subscribed.
fixed rate bonds interest rate table
current rates
1 Yr Fixed Rate Bond Issue 292
£1
6.71 %
1. Where the balance falls below £1, interest will be earned at the prevailing basic rate, currently 0.10% gross p.a.
2. Gross is the rate of interest without the deduction of tax (please also see note 3).
3. Net p.a. is the annual rate of interest payable after the deduction of lower rate tax (currently 20%). Interest will be paid net or, subject to the required certification, gross. Where the tax deducted exceeds an investor's tax liability (if any), a claim may be made to HM Revenue & Customs for repayment of tax. For individuals whose income falls within the lower or basic rate bands, the tax deducted will match their liability to tax on the interest and they will have no more tax to pay on it. Individuals who are liable at the higher rate of income tax of 40% will have to pay additional tax on the interest to cover the difference between the tax deducted and the higher rate tax due.
4. AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added to the capital balance each year.
1 Yr Fixed Rate Bond Issue 292
(Monthly) 07/09/2007 £1 6.41 5.12 6.60 show notes
1. Where the balance falls below £1, interest will be earned at the prevailing basic rate, currently 0.10% gross p.a.
2. Gross is the rate of interest without the deduction of tax (please also see note 3).
3. Net p.a. is the annual rate of interest payable after the deduction of lower rate tax (currently 20%). Interest will be paid net or, subject to the required certification, gross. Where the tax deducted exceeds an investor's tax liability (if any), a claim may be made to HM Revenue & Customs for repayment of tax. For individuals whose income falls within the lower or basic rate bands, the tax deducted will match their liability to tax on the interest and they will have no more tax to pay on it. Individuals who are liable at the higher rate of income tax of 40% will have to pay additional tax on the interest to cover the difference between the tax deducted and the higher rate tax due.
4. AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added to the capital balance each year.
2 Yr Fixed Rate Bond Issue 293
(Annual) 07/09/2007 £1 6.40 5.12 6.40 show notes
1. Where the balance falls below £1, interest will be earned at the prevailing basic rate, currently 0.10% gross p.a.
2. Gross is the rate of interest without the deduction of tax (please also see note 3).
3. Net p.a. is the annual rate of interest payable after the deduction of lower rate tax (currently 20%). Interest will be paid net or, subject to the required certification, gross. Where the tax deducted exceeds an investor's tax liability (if any), a claim may be made to HM Revenue & Customs for repayment of tax. For individuals whose income falls within the lower or basic rate bands, the tax deducted will match their liability to tax on the interest and they will have no more tax to pay on it. Individuals who are liable at the higher rate of income tax of 40% will have to pay additional tax on the interest to cover the difference between the tax deducted and the higher rate tax due.
4. AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added to the capital balance each year.
2 Yr Fixed Rate Bond Issue 293
(Monthly) 07/09/2007 £1 6.10 4.88 6.27 show notes
1. Where the balance falls below £1, interest will be earned at the prevailing basic rate, currently 0.10% gross p.a.
2. Gross is the rate of interest without the deduction of tax (please also see note 3).
3. Net p.a. is the annual rate of interest payable after the deduction of lower rate tax (currently 20%). Interest will be paid net or, subject to the required certification, gross. Where the tax deducted exceeds an investor's tax liability (if any), a claim may be made to HM Revenue & Customs for repayment of tax. For individuals whose income falls within the lower or basic rate bands, the tax deducted will match their liability to tax on the interest and they will have no more tax to pay on it. Individuals who are liable at the higher rate of income tax of 40% will have to pay additional tax on the interest to cover the difference between the tax deducted and the higher rate tax due.
4. AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added to the capital balance each year.
3 Yr Fixed Rate Bond Issue 294
(Annual) 07/09/2007 £1 6.40 5.12 6.40 show notes
1. Where the balance falls below £1, interest will be earned at the prevailing basic rate, currently 0.10% gross p.a.
2. Gross is the rate of interest without the deduction of tax (please also see note 3).
3. Net p.a. is the annual rate of interest payable after the deduction of lower rate tax (currently 20%). Interest will be paid net or, subject to the required certification, gross. Where the tax deducted exceeds an investor's tax liability (if any), a claim may be made to HM Revenue & Customs for repayment of tax. For individuals whose income falls within the lower or basic rate bands, the tax deducted will match their liability to tax on the interest and they will have no more tax to pay on it. Individuals who are liable at the higher rate of income tax of 40% will have to pay additional tax on the interest to cover the difference between the tax deducted and the higher rate tax due.
4. AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added to the capital balance each year.
3 Yr Fixed Rate Bond Issue 294
(Monthly) 07/09/2007 £1 6.10 4.88 6.27 show notes
__________________
http://www.northernrock.co.uk/savings/fixed-rate-bonds/
0
Comments
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Fixed Rates Northern Rock - a subsidiary of HM Treasury and UK Taxpayers everywhere
The FSCS is paid for by financial services companies not the tax payer. As of date, NR hasn't used the BoE facility so has no debt to the Govt.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
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Sorry. You caught me at an angry moment.
I just had sky news on and they have used terms like "northern rock fiasco" and "being bailed out by the Govt" were being used by their "panel" which is quite frankly immature media coverage. They are scrolling "Northern Rock crisis appears to be over". There was no crisis until the media started hyping one up. I am sure the media is gutted that the NR didnt go under.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Sorry. You caught me at an angry moment.
I just had sky news on and they have used terms like "northern rock fiasco" and "being bailed out by the Govt" were being used by their "panel" which is quite frankly immature media coverage. They are scrolling "Northern Rock crisis appears to be over". There was no crisis until the media started hyping one up. I am sure the media is gutted that the NR didnt go under.
monday one of the sky reporters on location may have been kingston was with the queue and openly laughing, eamon holmes ticked him off about laughing, i switched over to news 24 for the first time over in disgust
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You should try to avoid Sky "News". If you can't, I believe that your doctor can prescribe some jollop for it!0
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Although the BBC certainly aren't guilt free when it comes to hyping up this story, at least they aren't as bad as the commercial channels, I certainly wouldn't view any output by Sky as being balanced, they are the TV equivalent of The Sun (*in my opinion!). It's just a shame that so many people behave like sheep in these situations, listen and take it all the media says without looking at the real facts and researching it. Tabloid journalism, let alone "rolling news"?!0
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I'm well aware of that
Sadly he owns a frightening amount of the news output...
Just adding my disclaimer!
I was comparing the tabloid-ism of the reporting - rather than comparing Sky to one of Murdoch's broadsheets which wouldn't be quite the same (not as much hype hopefully, but you decide on the bias!)0 -
I think Channel 4 news is probably the best. I like the BBC, but even they can be a litle bit off at times.0
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