View more on these topics

Chelsea launches new step rate bond

Chelsea Building Society is launching a step rate bond on September 23 with the offer of three fixed rate periods from one to three years.

The fist fixed rate period offers a bond with an interest rate of 3.95 per cent until November 2003.

The second fixed rate period offers a bond with an interest rate of 4.10 per cent fixed until November 2004.

And the third has a rate of 5 per cent fixed until November 2004.

Recommended

Davies says falling markets are no reason for compensation

FSA chairman Howard Davies has described regulation that compensates people for losses as a result of weak equity markets as madness in a speech given last night in the city.Speaking at the Lord Mayor&#39s City Banquet, Davies also attacked the EU for imposing a “one size fits all approach on European markets” which he said […]

Threadneedle sets up defensive Fofs

Threadneedle is offering two defensive funds of funds in a move which will see the firm&#39s existing managed funds renamed to reflect their higher risk.The defensive equity & bond fund will invest 25 per cent in equities and 75 per cent in bonds while the defensive bond fund will invest entirely in fixed interest.Both funds […]

Royal Bank of Scotland International – Bonus Builder Account

Monday, 23 September, 2002 Type: Guaranteed equity bond Aim: Growth linked to the performance of the FTSE 100, S&P 500 and Dow Jones Eurostoxx 50 indices Minimum investment: £5,000, $10,000, euros 10,000 Place of registration: Isle of Man Investment split: 100% linked to the FTSE 100, S&P 500 and Dow Jones Eurostoxx 50 indices Guarantee: […]

IFAs warn they could drop A&L loan over procuration

Mortgage intermediaries are warning that they will either have to charge a fee or stop selling Alliance & Leicester&#39s newest discount loan because the procuration fee is too low to make it profitable.On A&L&#39s two-year discount product fixed at 3.7 per cent, the brokers&#39 fee is £150 for arranging a £250,000 loan compared with the […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment