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Alliance & Leicester introduces new fixed rate bonds

Alliance & Leicester International has launched a new limited edition One-Year Fixed Rate Bond with a fixed interest rate of 6.50% pa gross/AER.

In addition, the company has also announced that a new Six-Month Fixed Rate Bond will also be available, with a rate of 6.50% gross/6.60% AER.

These new fixed rate bonds are available for sums of between GBP50,000 and GBP1 million. These offers are limited and will only be available while funds last. The Six-Month Fixed Rate Bond will mature on October 31, 2008, and the One-Year Fixed Rate Bond will mature on April 30, 2009.

Both bonds are available to both new and existing customers, however they must be opened with funds not already deposited with Alliance & Leicester International.

Simon Hull, managing director of Alliance & Leicester International, said: Our range of fixed rate bonds continues to meet the needs of our customers. We strive to give our customers the best rate possible in what is a highly competitive market.