Yorkshire Guernsey has launched a two-year fixed rate bond, which offers a rate of 5% gross per annum, fixed until 31 July 2008.
The minimum investment is £10,000. Peter Symes, managing director of Yorkshire Guernsey, said: “The bond is a limited issue and may quickly become fully subscribed. "It is ideal for offshore customers who want the certainty of knowing their interest rate will not change during the period of the investment, but are willing to accept an interest penalty in exchange for access to their account.”
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