BBI releases six month fixed rate bond

Bradford & Bingley International launches a limited edition 6 month savings bond with a fixed interest rate of 6.40%

Douglas (eNewsWire) 17 October 2007 – Offshore savings specialists Bradford & Bingley International have announced a new 6 month savings account – the Fixed Rate Bond (Issue 33).

The 6 month fixed rate bond pays 6.40% on balances over £10,000 with interest payable when the account matures on 30 April 2008. The closing date for applications is 31 October 2007 or earlier if fully subscribed.

Fixed Rate Bond (Issue 33) will particularly appeal to expatriates and members of the international community looking to invest in a high interest fixed rate savings product and who want a tax efficient offshore sterling account.

Unlike many savings bonds available in the offshore savings market, the new Bradford & Bingley International fixed rate bond only requires a commitment of 6 months in return for a fixed rate of interest. The account also has an emergency withdrawal option which allows bond holders to withdraw funds subject to a 90 day interest penalty.

Bradford & Bingley International is a leading offshore savings bank based on the AAA rated Isle of Man. It offers a wide range of tax efficient savings accounts for international and expatriate customers as well as Isle of Man and Channel Island residents.

Visit the Bradford & Bingley International website for further details on the Fixed Rate Bond (Issue 33) including full terms and conditions and an application pack.

Alternatively contact Bradford & Bingley International direct on + 44 (0) 1624 695000.

Bradford & Bingley International
30 Ridgeway Street
Douglas, Isle of Man, IM1 1TA
+ 44 (0) 1624 695000