B&B and Nationwide's international arms launch latest product issues

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Nationwide International has launched Issue 8 of its Lifetime Guarantee Account while Bradford & Bingley International (B&B) has released New Fixed Interest Rate Bond Issue 52.

Issue 8 of Nationwide's Lifetime Guarantee Account will pay 4.1% gross p.a/AER fixed for the first year. It is available from 8 December and Issue 7 has been withdrawn. The minimum deposit for the account has been increased to £5,000. After the first 12 months, the rate of interest is guaranteed to be 30 basis points (bp) below the Bank of England Base Rate until 1 January 2011 and no less than 100 bp below base rate thereafter, for annual or deferred accounts. Monthly interest for accounts after the first 12 months will pay 65 bp below the Bank of England Base rate until 1 January 2011...

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