Alliance & Leicester: 9-month fixed-rate bond launched

Money News

www.moneynews.co.uk > Alliance & Leicester > Alliance & Leicester: 9-month fixed-rate bond launched

Topics

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Features

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Companies

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Money News

bullet
bullet
bullet
bullet
bullet

Alliance & Leicester: 9-month fixed-rate bond launched

Alliance & Leicester has announced the launch of a new nine-month fixed-rate bond aimed primarily at the small business market.

The bond will pay an interest rate of 2.81 per cent until it reaches the end of its term on March 1st 2010. It requires a deposit of between £50,000 and £2 million to open.

Alliance & Leicester is offering the bond on a strictly limited basis, while funds last.

Ceri Henfrey, head of business banking at Alliance & Leicester, said that the bond would be a great way for businesses to maximise the earning potential from any surplus cash over the next ten months.

She added: "This is a limited opportunity to invest anything from £50,000 to £2,000,000, and savers can get a guaranteed fixed rate, which is significantly above the current Bank of England base rate."

The Bank of England base rate is currently 0.5 per cent.

Click here for more banking newsADNFCR-323-ID-19159891-ADNFCR

Related News : Alliance & Leicester

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet