6 Month Fixed rate Bond offering Monthly Income option launched

3rd May 2010
  • New six month sterling bond
  • Monthly interest available
  • 2.26% AER or 2.17% AER monthly returns

Skipton International Limited is offering a six month bond paying 2.26%AER or 2.17% AER as a monthly income option.

The bond matures on 30 November 2010 and it is a limited edition issue which will be withdrawn when fully subscribed, so savers are advised to move quickly. The minimum deposit is £10,000, whilst the maximum is £5m. No withdrawals are allowed during the fixed rate term

Jim Coupe, commercial director, Skipton International Limited comments, "In response to client demand, we are pleased to be offering this competitive fixed rate bond. With the backing of our parent, Skipton Building Society, the fourth largest in the UK, this offshore account provides both safety and security, giving savers a known return over the next six months, whatever happens in the markets."