Bond set for 3 years at 8.75%

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The Independent Online
Britannia is launching a three-year fixed rate bond, offering 8.75 per cent gross. Minimum investment is £2,000.

Co-operative Bank offers a bond that pays varying fixed rates depending on the previously agreed length of the investment.

Over six months, the fixed rate is 6.37 per cent gross, rising to 7.25 per cent over one year and up to 9.25 per cent gross over three years.

Baronworth Investment Services, in Ilford, has negotiated a two-year guaranteed income bond with AIG Life, the US-owned company. The bond pays 7.35 per cent net of tax at the basic rate.

Norwich and Peterborough Building Society has launched a monthly income account, paying 5 per cent gross, including a 0.5 per cent bonus for no withdrawals in the previous 12 months. The minimum investment is £25,000.

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