Product category:
Savings and investment
News Release from: Alliance & Leicester | Subject: Fixed rate bonds
Edited by the Insidemoneytalk Editorial
Team on 18 April 2008
Alliance and Leicester launches new
range of fixed rate bonds
Alliance and Leicester has today launched a new range of very competitive Fixed Rate Bonds. The new bonds are available from the bank's branches from today,
Wednesday 16 April and details are as follows: 6 Month Fixed Rate Bond, paying 6.83% AER (6.72% gross) 1 Year Fixed Rate Bond, paying an interest rate of 6.50% pa gross/AER
This article was originally published on Insidemoneytalk on 18 Apr 2008 at 8.00am (UK)
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2 Year Fixed Rate Bond, paying an interest rate of 6.30% pa gross/AER.
3 Year Fixed Rate Bond, paying an interest rate of 6.05% pa gross/AER.
These new Fixed Rate Bonds are available from all Alliance and Leicester branches, for sums of between £1,000 and £1,000,000.
These offers will only be available whilst funds last.
The 6 Month Fixed Rate Bond will mature on 1 November 2008, and the others will mature on 1 May 2009, 2010 and 2011 respectively.
Martin Leake, Savings Manager at Alliance and Leicester commented: "Fixed rate bonds provide security of capital and a guaranteed return, so you know exactly what you're getting for your hard earned savings.
Our latest bond offers are a strictly limited opportunity to invest anything from £1,000 to £1,000,000, at some of the best rates of return on the market." Other features of these bonds include: Interest payable monthly, or on maturity.
Minimum balance £1,000 £2,500 for monthly interest).
Maximum of £1,000,000.
Available to both new and existing customers, however the Bond will not be accepting transfers or cheques from other Alliance and Leicester accounts.
These Fixed Rate Bonds are only available from Alliance and Leicester branches.
To find your nearest Alliance and Leicester branch log on to our website at www.alliance-leicester.co.uk or to book an appointment with one of our qualified advisors, please call 08000 68 66 99.
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