6 month fixed rate bonds best rates
New banks are tempting savers with short-term bonds. Atom Bank has launched a six-month fixed rate at 1.79 per cent, while OakNorth has a similar deal at 1.75 per cent. While the rates look better than the 1.3 per cent on a standard easy-access, it means some £24.50 extra interest on each £10,000 over six-months. Oak North Bank pays a rate of 1.6% AER interest on its six-month fixed rate bond, the best in market for this time frame. The minimum deposit required is just £1 with a maximum deposit of £50,000 and applications must be made online. No withdrawals can be made during the term. Stay on top of current and historical data relating to United States 6-Month Bond Yield. The yield on a Treasury bill represents the return an investor will receive by holding the bond to maturity.