Skipton launches 12 month bond paying 2.90% gross AER

15th August 2012
  • 1 Year offshore sterling fixed offshore savings account paying 2.90% gross p.a./AER
  • Fixed rates of interest
  • Monthly interest options available 2.86% gross p.a. 2.90% AER

Skipton International Limited has launched a further edition (11) of its popular 12 month fixed rate International Reserve Bond paying 2.90% gross AER or an enhanced 2.90% AER (2.86% monthly gross) interest.

The minimum deposit is just £10,000 and maximum investment is £2 million. With all balances earning the same high rate of return, the account is expected to be very popular. It is being offered on a strictly first come first served basis and the Bond will be withdrawn as soon as it has reached its funding limit.

Interest will be paid on maturity on 30 September 2013 or on the last day of each month for monthly income customers. The Bond is open to individuals, businesses, trust companies and individual pension plans.