Alliance and Leicester International launches new limited offer 1 year fixed rate bond

Edited by the Insidemoneytalk editorial team May 16, 2008

Alliance and Leicester International Limited (ALIL), the Isle of Man based offshore savings bank,

is launching a new limited edition 1 Year Fixed Rate Bond with a highly competitive fixed interest rate of 6.65% pa gross/AER.

The new Fixed Rate Bond will mature on 31 May 2009 and is available immediately.

Other features of this bond include: Choice of annual interest at 6.65% gross pa/AER, paid on maturity, or monthly interest at 6.45% gross (AER 6.64%).

Minimum balance £50,000.

Maximum of £1,000,000.

The bond is available to both new and existing customers, however bonds must be opened with funds not already deposited with Alliance and Leicester International.

Simon Hull, Managing Director of Alliance and Leicester International commented: "ALIL works hard to offer a range of savings products that suit the individual needs of our customers.

We strive to offer the best rate possible in what is a highly competitive market and our fixed rate bond offers are proving to be very popular." For more information on this new bond, or any other Alliance and Leicester International account, customers can call +44 (0)1624 641888 or download an application form at www.alil.co.im where full terms and conditions are available.