Monthly Archives - March 2018

New Series, new higher interest

Two fresh bond series are launched today, with higher interest rates across the board and more frequent monthly interest payments. Here are the headlines: REAL Monthly Income Bonds (Series 7) - 5 year term - Penalty-free redemption available after thirty months - 4.90% pa gross interest payable on the last working day each month (5.00% AER) - Tracks Bank of England base rate between 0.75% and 5.0%, plus 4.4% - Secured on UK property Compared with the previous series of Income Bonds we have increased [...]