www.savings.co.uk/news/2006/Sep/yorkshire-creates-new-s -
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Last Visited: 10/13/2007
David Heshon, product development manager at Yorkshire Building Society, comments that the company has many investors who would like the assurance that the rate of interest accrued on savings will not change throughout the life of the bond.
The new savings bond also features an option for consumers to receive interest monthly, who often look to this security, Mr Heshon asserts.
"We therefore expect the new two year bond to be very popular and as it is only available for a limited period, we will waive restrictions on some of our other savings accounts to allow existing Yorkshire members to transfer into the new Bond immediately," he remarks.