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BBI launch new 6 month fixed rate income savings bond


WEBWIRE

Offshore savings specialists, Bradford & Bingley International (BBI), have released a limited edition six month monthly income savings bond.

A new savings bond launched by BBI has been specifically designed for customers wishing to receive a monthly income from their fixed term deposit. The new account pays 6.10% and matures on 31st March 2008.

The Fixed Rate Income Bond (Issue 3) will appeal to anyone looking to earn an income from their savings and have their funds fixed for a period of only 6 months. In addition the monthly income bond will give savers peace of mind from the knowledge that they will receive a set income on the last day of every month without the need to commit funds for the usual 12 months. The fixed rate bond also guarantees against any possible reduction in the Bank of England Base Rate.

Isle of Man based Bradford & Bingley International offer a range of offshore savings accounts geared towards to the international and expat communities. These include monthly income and base rate tracking savings accounts, fixed rate bonds, access and notice accounts as well as award winning internet savings accounts.

More information on Fixed Rate Income Bond (Issue 3), including Terms and Conditions and an application pack, can be found on the Bradford & Bingley International website, www.bbi.co.im.

The closing date for the Fixed Rate Income Bond is 28 September 2007 or before if fully subscribed.

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