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	<title>#1 SME Magazine &#124; SME News &#124; SME Opinion &#124; Financial Information for SMEsbond | #1 SME Magazine | SME News | SME Opinion | Financial Information for SMEs</title>
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		<title>Abbey launches new Business Bond</title>
		<link>http://www.britishsme.co.uk/2009/05/18/ftb-affordability-trebles-since-2007/</link>
		<comments>http://www.britishsme.co.uk/2009/05/18/ftb-affordability-trebles-since-2007/#comments</comments>
		<pubDate>Mon, 18 May 2009 13:42:02 +0000</pubDate>
		<dc:creator>Ben Wilkie</dc:creator>
				<category><![CDATA[Banking]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[bond]]></category>
		<category><![CDATA[savings]]></category>

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		<description><![CDATA[Abbey Business Banking has launched a new limited edition nine month fixed rate Business Bond, at a rate of 2.80 per cent gross pa (2.81 per cent AER), maturing on 1 February 2010. This new Business Bond is available for business savings of between £50,000 and £2 million, and is strictly limited &#8211; it will [...]]]></description>
			<content:encoded><![CDATA[<p>Abbey Business Banking has launched a new limited edition nine month fixed rate Business Bond, at a rate of 2.80 per cent gross pa (2.81 per cent AER), maturing on 1 February 2010.</p>
<p>This new Business Bond is available for business savings of between £50,000 and £2 million, and is strictly limited &#8211; it will only be available whilst funds last.</p>
<p>Paula Ickinger, product executive at Abbey Business Banking commented:  &#8220;With the Bank of England base rate at an all time low, Abbey&#8217;s new Business Bond provides certainty of return for business savers. This is a limited opportunity to invest anything from £50,000 to £2,000,000, and savers will get a guaranteed return which is significantly above the current bank base rate.</p>
<p>&#8220;Abbey Business Banking is committed to helping SMEs maximise their business potential, offering free banking, alongside a range of great products.&#8221;</p>
<p>The features of this account include:</p>
<ul>
<li>An interest rate of 2.80 per cent gross (2.81 per cent AER) fixed over the term of the bond</li>
<li>Interest payable on maturity, on 1st February 2010</li>
<li>Minimum balance £50,000</li>
<li>Maximum of £2,000,000</li>
</ul>
<p>This product is a strictly limited offer and is available for money currently held outside Abbey.</p>
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