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N&P ups fixed bond rates

Norwich and Peterborough Building Society has announced it is increasing the rates of interest it pays on its six month and one year fixed rate bonds.

The rate on maturity on the six month product is now 3.32 per cent up from 3.16 per cent or 3.26 per cent from 3.10 per cent if paying monthly.

On the one year bond the rate has increased to 3.68 per cent from 3.52 per cent on maturity and to 3.61 per cent from 3.45 per cent monthly.

The rates on its two, three and five year products are staying the same.

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