Nationwide drop 1yr e-bond from 6.7% to 6.45% to 6.25%

Cozworth806 · 17 January 2008 at 11:54PM

Now the LIBOR interbank rates have dropped the banks don't need to offer such good rates to get investment in.

bristolleedsfan · 18 January 2008 at 12:07AM

Cozworth806 wrote: »

Now the LIBOR interbank rates have dropped the banks don't need to offer such good rates to get investment in.

True, :T Why then are A+L paying 7% on One Year Fixed.

Secret_Wookie_2 · 18 January 2008 at 9:40AM

The A&L offer will be a loss leader and losing them money. They will be losing around 1.50% on all the money that goes in so it is unlikely to stick around for long.

Nationwide drop 1yr e-bond from 6.7% to 6.45% to 6.25%

Comments

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free