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Nationwide BS rewards members with savings bond

Nationwide is launching a new three year fixed rate bond to celebrate the passage of 50 years since the Queen&#39s coronation.

The bond will pay a rate of 4.50 per cent gross a year or monthly interest of 4.25 per cent gross a year.

Maximum investment is £5,000, while the minimum is £1.

It is intended to be a reward for the building society&#39s members of over three years standing, and is the sixth time in five years that such an opportunity has been held out to long term members.

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