Bradford & Bingley bond offered

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Bradford & Bingley bond offered

Bradford & Bingley has launched a new six-month bond that boasts a highly-competitive annual fixed rate of 6.40 per cent.

The minimum deposit requirement on the limited edition bonds is £1,000 and there is a maximum balance of £2,000,00.

For savers looking to be credited on a more regular basis, Bradford & Bingley is also offering a 6.31 per cent bond that pays out interest monthly.

Paul Whitlock, head of savings at the bank, said: "Our six-month fixed rate bond is ideal for customers who want to earn an attractive fixed return on their savings but who don't want to have to tie their money up for a long period of time."

He added that the product would be perfect for anyone wishing to put aside some spending money for next year's summer holiday as the bond matures on July 16th 2008.

This latest offering from Bradford & Bingley is one five fixed-rate bonds offered by the bank, including two eBonds.
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