Britannia launches new one-year bond

November 30, 2006

Britannia launches new one-year bondBuilding society Britannia has launched a new one-year fixed-rate bond which it describes as “striking”.

The product offers an interest rate of 5.9 per cent gross per year, when customers choose to receive their interest on an annual basis.

For investors who would prefer to receive monthly interest payments, a rate of 5.8 per cent will apply.

According to Britannia, this package is “ideal” for customers looking to invest a minimum of £1,000. It will be available from December 1st.

Tim Franklin, Britannia’s managing director of member business, said: “With a market leading rate which is 0.9 per cent above the current Bank of England base rate, this one-year bond offers a guaranteed return for investors.”

Britannia is the second largest building society in the UK, with over three million members, nearly £6.9 billion of gross lending per year and £32 billion in group assets.

Comments

10 Responses to “Britannia launches new one-year bond”

  1. mary taylor on December 5th, 2006 3:40 pm

    Please send free phone number so I can discuss opening a fixed 1 year bond with you at 5.9% asap to the above email address Thank ou MT

  2. tony davies on December 19th, 2006 9:39 pm

    Should this web page still continue I have been infofmed this rate no longer applies !!

  3. C.Lowe on February 1st, 2007 12:55 pm

    Is your 1 year bond @ 5.9% still available.If not what have you available?

  4. nigel vause on November 14th, 2008 10:05 am

    why are you still advertising a brittania 1 year bond dated from november 2006 when it is so out of date

  5. Peter on November 14th, 2008 10:47 am

    Nigel

    It is not an advertisement but a NEWS story from November 30, 2006

  6. g dyke on January 17th, 2009 3:57 pm

    Hi,

    What rates ofr 1 year bonds do you still have available?

    Thanks,

    Gail

  7. ELIZABETH SMITH on February 10th, 2009 11:16 pm

    looking for a good trate for a one year bond £10000

  8. EDWIN YOUNG on September 21st, 2009 8:51 pm

    I HAVE £10000 TO INVEST FOR 1 YEAR
    WHAT WOULD BE THE CURRENT RETURN ON THIIS AMOUNT

  9. Amrat on September 29th, 2009 10:02 am

    I will have 100,000 pounds to invest on the 15/10/09 for one year and will not have to touch that money. what would be the current return.

  10. marie diamond on September 29th, 2009 4:20 pm

    cn you tell m what the net is on the one year bond

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