Leeds bond requires 'snapping up quickly'

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Leeds bond requires 'snapping up quickly'

Leeds Building Society has launched an "outstanding" two-year fixed-rate bond, offering a rate of 6.20 per cent until June 2009.

Requiring a minimum balance of £5,000, the Leeds bond possesses a great deal of flexibility, allowing customers to access up to 25 per cent of the funds without notice or penalty, at any one time.

The Leeds bond also offers the opportunity to benefit from the accrual of annual or monthly interest, with monthly interest paying at a rate of 5.95 per cent.

Not compelling consumers either to open any linked accounts, Karen Wint, head of marketing at the society, said customers should "act very quickly to avoid disappointment".

The Leeds bond is available at any of the group's 70 branches, while it can also be accessed by post or online.

For more information on the competitive Leeds bond, customers may like to call into their local branch or call the group's savings hotline.

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