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James Qualtrough (Jamesq) is the Founder and Editor of Isle News and is based on the Isle of Man. Isle News is a news site for the UK offshore jurisdictions of the Isle of Man, Jersey and Guernsey.

SAVERS OFFERED NEW FIXED RATES

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Related category: Finance & Business, Isle of Man
(Isle News) Author: Jamesq on Tuesday, August 4, 2009

Isle News, 4 August 2009 – Savings specialist, Bradford & Bingley International (BBI) have continued their fixed rate bond programme, launching a new fixed rate bond and a variable rate tracker bond.

Fixed Rate Bond (Issue 64) is a 1-year Fixed Rate Bond offering annual and monthly interest options paying up to 3.50%. Savers can deposit from £5,000 into the bond which matures on 31st August 2010.

Tracker Bond 5 is also a one year bond offering a variable rate of interest with tiered tracking levels of up to 3.00% above Bank of England Base Rate. Tracker Bond 5 also offers annual and monthly interest with deposits starting from £5,000.

Fixed Rate Bond (Issue 62) remains available, offering annual and monthly interest options paying 3.50% until 30 June 2010 and then 4.00% until the bond matures on 30 June 2011. Deposits start from £10,000.

All three bonds have limited availability and will close on 28 August 2009 or before if fully subscribed. Previous bonds offered by BBI proved extremely popular and savers wishing to benefit from these new opportunities are encouraged to book their place early to avoid disappointment.

BBI are now part of Abbey and the Santander Group. Customers can be confident in Santander’s AA rating from Standard & Poor’s and that deposits with Bradford & Bingley International are covered by a full and unconditional guarantee from Abbey.

More information on Fixed Rate Bond Issue 62, 64 and Tracker Bond 5, including Terms and Conditions and an application pack, can be found on the Bradford & Bingley International website, www.bbi.co.im, or alternatively call + 44 (0) 1624 695000 to receive an application pack by post.

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