Customers have the option to deposit any amount between GBP5,000 and GBP1 million into the bond, which will mature on February 29, 2008.
Savers can also choose to have their interest credited at the maturity of the bond or on a monthly basis, either through a transfer into another Alliance & Leicester International account, or by transfer to a bank or building society account in the Isle of Man, UK or the Channel islands.
Our range of fixed rate bonds continue to be exceptionally well received, commented Simon Hull, managing director of Alliance & Leicester International. The rate offered on our latest fixed-rate bond is highly competitive in the market and the term gives savers the option of accessing the market again for the best deal in 12 months’ time.
