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millerxxx | 19:01 Thu 12th Nov 2009 | Business & Finance
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does anyone know of a good fixed rate bond to invest in
thanks
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National Savings are offering good rates at the moment
If you can tie up your money for 5 years the Yorkshire Building Society will give you 5.3%. Its subsidiary, the Barnsley BS, has a range of one to four year bonds paying 3.1% (1 year) 4.0% (2 years) 4.8% (3 years) and 5.0% (4 years). I think these are the best around at the moment. Bear in mind these are gross rates and should be reduced by 20% if you are a standard rate taxpayer.

National Savings fare slightly better for the shorter term bonds (3.95% for one year and 4.25% for two years).

You can keep an eye on all the latest offers (which are constantly changing) at:

http://www.moneysupermarket.com/
It depends on how long you want to tie your money for, the longer the period the better the interest rate.

Cheltenham and Gloucester are offering 4.2% for a two year period at the moment but you may have to get in quick.
The Post Office are offering up to 4.55 % at the moment http://www.postoffice...0232&mediaId=19300235

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