Alliance & Leicester launches fixed-rate savings bond at 6.00%
Tuesday, 10 Apr 2007 16:50
Offshore savings bank Alliance & Leicester International has launched a new 1-year fixed-rate savings bond paying 6.00% AER.
Savers can invest between £5,000 and £1,000,000 in the savings bond, which matures on April 30th 2008.
"Our range of fixed-rate bonds continues to meet the needs of our customers," said Simon Hull, managing director of Alliance & Leicester International.
"We strive to give our customers the best rate possible in what is a highly competitive market.
"We are truly offshore with all of our customer data held in the Isle of Man and this offering represents excellent value for our customers."
Savers can choose between monthly to have their interest paid monthly or on the maturity of the savings bond.
Interest can be paid either by transfer into another Alliance & Leicester International account, or by transfer to a bank or building society account in the Isle of Man, United Kingdom or the Channel Islands.