Birmingham Midshires offers better bonds

Birmingham Midshires has launched a suite of new bonds.

16:55 09 June 2004

Birmingham Midshires has launched a suite of new bonds.

The one, two, three, and four year fixed rate products will now give consumers a return of 5.61 per cent AER, from a minimum investment of 1.

Richard Brown, marketing manager at Birmingham Midshires, believes these new products will boost the organisation's portfolio and help its market position.

"We are now firmly established as one of the market's leading fixed rate bond providers," he said.

The building society points out that using its new products allows consumers to fix their interest more than one per cent higher than the current Bank of England base rate.