ncbs launches the new 41st issue fixed rate savings bond
24 May 2011 - National Counties Building Society today launched its 41st Issue Fixed Rate Savings Bond. The bond offers an interest rate of 3.76% Gross AER* fixed for 2 years. This new bond will replace the Society's 40th Issue Savings Bond.
Key features
- Invest from £1,000 to £150,000
- Fixed interest rate for the duration of the term
- Interest paid annually on 1st July and on maturity
- Open your account online
- Monthly income option at reduced rate (minimum balance £5,000)
- Transfers from other National Counties savings accounts, without prior notice or penalty, are permitted to open a bond, except for transfers from other fixed term bonds
- No withdrawals prior to maturity
- Strictly limited issue (may be withdrawn at any time without prior notice)
*Interest will be paid or credited after deduction of income tax at the lower rate of 20% or, subject to the required certification, gross.
*aer stands for Annual Equivalent Rate and illustrates what the annual rate would be if interest was compounded.
To find out more details about the 41st Issue Savings Bond please click here
Authorised and Regulated by the Financial Services Authority. FSA Register Number: 206080
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