Yorkshire Guernsey Rollover Bond is a fixed rate one-year bond that gives investors the option to re...
Yorkshire Guernsey Rollover Bond is a fixed rate one-year bond that gives investors the option to reinvest back into the product at a new rate at the end of each term. The initial term runs from the date the bond is opened until the end of the corresponding month one year later. At the end of the term the investor can rollover for a further term at the fixed interest rate applying at that time. Interest is calculated on a daily basis and added to the investors account on maturity each year or paid to another account. Peter Symes, managing director at Yorkshire Guernsey, said: "The inter...
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