Leeds Building Society launches ten-year savings bond

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Leeds Building Society launches ten-year savings bond
Leeds Building Society launches ten-year savings bond

Leeds Building Society has launched a new savings bond paying 4% interest. However, there is a very significant catch: you'll need to lock those savings up for a whopping ten years! You also need at least £10,000 in savings.

The bond from Leeds pays its interest out on a monthly basis, so it may prove attractive to those who rely on an income from their savings now. But is it worth such a long commitment?
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