Landsbanki Guernsey launches top fixed-rate bonds
Thursday, 03 May 2007 16:24
Landsbanki Guernsey has launched a new range of one to five-year fixed-rate bonds, paying a market-leading interest rates of 6.11% gross/AER.
The fixed-rate savings bonds from the specialist offshore subsidiary of Landsbanki Islands are available to individuals and corporate investors.
Interest can be paid annually or at maturity.
"We have a limited tranche of funds available," said Landsbanki Guernsey director Mark Sismey-Durrant.
"With the highly competitive interest rates on offer, plus the choice of interest paid annually or at maturity, we expect demand to be high for these bonds, which complement our existing range of variable rate accounts."
You can invest anything between £10,000 to £2 million in the bonds.
The full range of bonds available is:
1 year fixed rate bond 6.11% gross/AER
2 year fixed rate bond 6.11% gross/AER
3 year fixed rate bond 6.11% gross/AER
4 year fixed rate bond 6.01% gross/AER
5 year fixed rate bond 6.01% gross/AER