Heritage bond tracks base rate for Ipswich BS savers

Ipswich Building Society has launched a bank base rate tracker offering 3.5% gross to savers. The He...

Ipswich Building Society has launched a bank base rate tracker offering 3.5% gross to savers. The Heritage Tracker Bond is pegged at the Bank of England base rate, currently 3.5%, until 30 November 2004. Savers can invest £5,000-£50,000. The issuance of the bonds will be limited and withdrawals are not allowed but additional investments can be made at any time.