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Nationwide to offer range of new bonds

Nationwide Building Society has announced that it will launch a range of new bonds, which includes one-year e-Bond, one-year Fixed Rate Bond, and two-year Loyalty Fixed Rate Bond.

Nationwide’s one-year e-Bond, paying a rate of 6.40%, will provide a guaranteed return for savers and is available online to anyone with, or opening, a Nationwide FlexAccount. The one-year Fixed Rate Bond, paying 6.30%, will be available to new and existing members.

Additionally, a new two-year Loyalty Fixed Rate Bond, offering long-term good value with a rate of 6.05%, will be available to over eight million existing members of the society who have been a member continuously for three years or more.

Matthew Carter, savings director at Nationwide, said: Our latest range of fixed rate bonds offer people the opportunity to benefit from guaranteed high returns of over 6%. These rates really demonstrate the benefits of being part of a large mutual organization and are great news for savers.