Savings alert: Britons can secure 7.5 per cent bond paying double Bank of England base rate

Savings alert: Britons can secure 7.5 per cent bond paying double Bank of England base rate

A new retail bond from Secured Fixed Income is promising savers an annual interest rate of 7.5 per cent, representing twice the current Bank of England base rate of 3.75 per cent.The investment product, which matures in March 2029, is being issued through Triple Point Investment Management.Capital raised from the bond will be directed towards lending to small and medium-sized enterprises across Britain, supporting debt and credit facilities in t…