Bank of Ireland Direct Savings Bond launched

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Bank of Ireland Direct Savings Bond launched

The Bank of Ireland (IOM) has relaunched its Direct Savings Bond.

Until now, the bond had only been available through Bristol & West International. Following the changes, it is available in sterling, euro and dollar currencies.

The Bank of Ireland Direct Savings Bond, which is for investments of £5,000 or more, is a fixed rate bond offering "competitive" rates of monthly and annual interest.

David Gilpin, who is responsible for marketing and product development at the Bank of Ireland, said: "We believe that this latest product, available for a limited period and with the latest enhancements introduced, will appeal to a wider market and investors looking for a very competitive fixed rate of interest in a range of core currencies."

Customers are advised that the Bank of Ireland Direct Savings Bond offer period for the Direct Savings Bond is only valid until February 8th 2006.

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