Product update: Derbyshire and Dunfermline Fixed Rate Bonds and ISAs

31 August 2012

The Derbyshire and Dunfermline Building Societies, part of the Nationwide Group, are today launching new issues of their Fixed Rate Bonds and ISAs with all rates fixed until 30 November 2013.

Derbyshire Building Society

The new issues being launched are:

  • Fixed Rate Bond Issue 255 paying between 2.45% and 2.70% gross p.a./AER*
  • Fixed Rate ISA Issue 51 paying between 2.50% and 2.75% AER* tax-free

Fixed Rate Bond Issue 252 and Fixed Rate ISA Issue 50 were withdrawn from sale at the close of business on Thursday 30 August 2012.

Dunfermline Building Society

The new issues being launched are:

  • Fixed Rate Bond Issue 128 paying between 2.45% and 2.70% gross p.a./AER*
  • Fixed Rate ISA Issue 44 paying between 2.50% and 2.75% AER* tax-free

Fixed Rate Bond Issue 125 and Fixed Rate ISA Issue 43 were withdrawn from sale at the close of business on Thursday 30 August 2012.

All the accounts must be opened with a minimum of £100. The rate paid on all of the above accounts depends on the balance of the account. All the rates noted above are for annual interest.

Notes to editors:

* AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest were paid and compounded once each year. Tax-free is the contractual rate of interest payable where interest is exempt from income tax.

The gross rate of interest is the interest rate payable before any income tax is deducted (if you do pay tax).

Derbyshire Building Society

RATES FOR FIXED RATE BOND ISSUE 255, EFFECTIVE 31 AUGUST 2012

Annual AER Gross p.a. Net p.a.
£50,000+ 2.70% 2.70% 2.16%
£25,000 - £49,999 2.60% 2.60% 2.08%
£10,000 - £24,999 2.50% 2.50% 2.00%
£100 - £9,999 2.45% 2.45% 1.96%
       
Monthly AER Gross p.a. Net p.a.
£50,000+ 2.68% 2.65% 2.12%
£25,000 - £49,999 2.58% 2.55% 2.04%
£10,000 - £24,999 2.48% 2.45% 1.96%
£100 - £9,999 2.43% 2.40% 1.92%

Fixed until 30 November 2013

Withdrawals and closures are not permitted during the term of the account

RATES FOR FIXED RATE ISA ISSUE 51, EFFECTIVE 31 AUGUST 2012

Annual interest AER tax-free
£50,000+ 2.75%
£25,000 - £49,999 2.70%
£10,000 - £24,999 2.65%
£100 - £9,999 2.50%

Fixed until 30 November 2013

Dunfermline Building Society

RATES FOR FIXED RATE BOND ISSUE 128, EFFECTIVE 31 August  2012

Annual AER Gross p.a. Net p.a.
£50,000+ 2.70% 2.70% 2.16%
£25,000 - £49,999 2.60% 2.60% 2.08%
£10,000 - £24,999 2.50% 2.50% 2.00%
£100 - £9,999 2.45% 2.45% 1.96%
       
Monthly AER Gross p.a. Net p.a.
£50,000+ 2.68% 2.65% 2.12%
£25,000 - £49,999 2.58% 2.55% 2.04%
£10,000 - £24,999 2.48% 2.45% 1.96%
£100 - £9,999 2.43% 2.40% 1.92%

Fixed until 30 November 2013

Withdrawals and closures are not permitted during the term of the account

RATES FOR FIXED RATE ISA ISSUE 44, EFFECTIVE 31 August 2012

Annual interest AER tax-free
£50,000+ 2.75%
£25,000 - £49,999 2.70%
£10,000 - £24,999 2.65%
£100 - £9,999 2.50%

Fixed until 30 November 2013

The Dunfermline and Derbyshire Building Societies are Trading Divisions of Nationwide Building Society.

Please note: If you are a customer looking for information on our products and services, please visit the main website.