New Year, New launch of Fixed Rate Bonds range by
Alliance & Leicester International Ltd

Alliance & Leicester International launched its latest range of Fixed Rate Bonds on 4 January 2011. These consist of: One Year Fixed Rate Bond (Issue 87), 18 Month Fixed Rate Bond (Issue 9) and Two Year Fixed Rate Bond (Issue 18).

The new range of offshore Fixed Rate Bonds are available to both new and existing customers. Account holders must pay in a minimum balance of £5,000 in order to achieve the published rates of interest. Customers can place up to £1,000,000 deposit on these accounts.

  • One Year Fixed Rate Bond (Issue 87) offers interest at 3.00% gross p.a. Fixed, paid on maturity (31 January 2012) or 2.96% (3.00% AER) paid monthly
  • 18 Month Fixed Rate Bond (Issue 9) pays interest of 3.10% gross p.a. Fixed payable on maturity (31 July 2012), at the end of the 18 Month term (3.08% AER)
  • Two Year Fixed Rate Bond (Issue 18) offers interest of 3.50% gross p.a. Fixed or 3.45% (3.50% AER) paid monthly. Annual interest will be paid on 31 January 2012 in Year 1 and again on maturity 31 January 2013

The new selection of Fixed Rate Bonds are limited in availability and may be withdrawn without notice prior to the anticipated close date in January.

Further information about our latest Fixed Rate Bonds range is available by calling +44 (0) 1624 641888 or by visiting www.alil.co.im

Note: Telephone calls may be recorded. Special Terms and Conditions apply in conjunction with Terms and Conditions of deposit. AER stands for Annual Equivalent Rate and illustrates what the interest would be if interest was paid and added to the account once a year.