Alliance & Leicester International (ALIL) has launched a limited edition 1 Year Fixed Rate Bond, Issue 59.
Obtainable for sums between £25,000 and £1m, the bond has a fixed interest rate of 4% pa gross/AER. It matures on 4 January 2010 but investors cannot withdraw money from the account before the end of the twelve month term. "We strive to give our customers the best rate possible in what is a highly competitive market," said Simon Ripton, acting joint managing director at ALIL. "With forecasters predicting that interest rates will fall further, this is an opportunity to invest anything from £25,000 to £1,000,000, and get a good return, without the risk of being exposed to stock market vol...
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