Alliance & Leicester International (A&LI) has launched a limited edition one-year fixed rate bond (Issue 27) with a rate of 5.3%.
Customers can deposit between £25,000 and £1m into the bond, which will mature on 31 August 2007. As with all previous issues, savers can choose to have their interest paid on the maturity of the bond or on a monthly basis. Interest can be paid either by transfer into another A&LI account, or by transfer to a bank or building society account in the Isle of Man, United Kingdom or the Channel Islands.
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