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Best fixed rate bonds of 2012, fixed rate bonds of 2,3 and 5 years and take advantage of the better
interest rates offered by locking your money away for a fixed period of time. These types of savings accounts often will pay you the highest rate of interest. You invest your money
into a bank or building society for a set period of time, usually a number of years.
Banks and
building societies will usually pay a higher interest rate than a regular savings bank account because you are locking
your money in for a set period of time. If you want to take your money out before the fixed rate bond time limit
has elapsed you may well be penalised with loss of interest or even account closure, so read the small print with care.
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