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Bradford & Bingley International launches new 7.00% fixed rate bond

Press release August 1, 2008 Business

Offshore savings bank Bradford & Bingley International has just released its latest fixed rate sterling savings bond which is offering an interest rate of up to 7.00% gross per annum.

Offshore savings bank Bradford & Bingley International has just released its latest fixed rate sterling savings bond which is offering an interest rate of up to 7.00% gross per annum.

The bond is fixed for 1 year and even gives savers the flexibility of emergency withdrawals if required in lieu of 90 days loss of interest on the amount withdrawn.

The bond can be opened with a minimum balance of £5,000 and interest can be paid at maturity on the 31 August 2009 or monthly at the end of each month.

Fixed Rate Bond (Issue 44) is limited in availability and is allocated on a first come first served basis and it may be closed sooner if it becomes fully subscribed.

Bradford & Bingley International is a leading offshore savings bank based on the AAA rated Isle of Man. It offers a wide range of tax efficient savings accounts for international and expatriate customers as well as Isle of Man and Channel Island residents.

More information on Fixed Rate Bond (Issue 44) can be found on the Bradford & Bingley International website, www.bbi.co.im.

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