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Why could you spend money on a rate bond that is fixed?

Why could you spend money on a rate bond that is fixed?

Fixed price bonds are a kind of family savings, and generally are generally known as cost cost cost savings bonds. They tie your money up for a group amount of time, referred to as a ‘term’ and you are clearly compensated a set rate of interest through the duration of that term.

The major reason individuals choose for cost cost cost savings bonds is the fact that interest is normally significantly more than you would get along with other, more available, cost cost cost cost savings records.