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Yorkshire pegs July Rollover Bond rate at 5%

Jul 27, 2006

Yorkshire Building Society has set its July Rollover Bond rate at 5% gross p.a./AER. The society describes the Rollover Bond as a fixed rate bond that clients can "rollover" each year without the need to re-apply. It is available to UK residents and to individuals acting as trustees on their behalf.

Yorkshire claims that the bond gives investors the chance to increase or reduce their savings at the end of each term. Ideal home for longer term savings, Rollover Bond features fixed, up-to-date interest rate, a minimum initial deposit of only £100 and easy access to the principal without penalty during rollover month.

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