Alliance & Leicester fixed-rate bond rolled out

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Alliance & Leicester fixed-rate bond rolled out

Alliance & Leicester says that its new fixed-rate bond "continues to meet the needs" of customers.

The group's new one-year fixed-rate bond possesses a competitive fixed-rate of 5.92 per cent, to which customers can invest between £5,000 and £1,000,000.

Set to mature on March 31st 2008, the Alliance & Leicester bond allows customers to transfer funds to banks or building societies in the Isle of Man, UK or Channel Islands.

The bond also contains a degree of flexibility, with consumers being able to have their interest paid on a monthly basis or when the bond matures.

Commenting on the new offering, Simon Hull, managing director of Alliance & Leicester International, said it represented "excellent value for our customers".

For more information on the Alliance & Leicester bond, prospective applicants may log onto the group's website.

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Related News : Alliance & Leicester

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