Abbey has launched a new issue of its investment bond , which the company states is due to high customer demand.

The company claims that the investment account offers protection of capital at maturity and a guaranteed income over the next four years.

A guaranteed fixed income of 4.20 per cent per annum (5.25 per cent gross AER) is available, which Abbey states is the best rate available on the market for an investment bond which offers a fixed income.

While the investment bond has an income of 4.20 per cent if taken annually, the rate drops to 4.12 per cent if taken monthly or quarterly.

Pak Chan, Abbey's head of marketing for investments and long-term savings , commented, Our previous bond was again very popular, so in response to customer demand, we've matched our highest ever rate again for this new issue.

The guaranteed income bond reaffirms our commitment to bring some of the best products and services to savers.

Abbey offers its customers a wide range of financial services, such as credit cards , personal loans and mortgages .