PRLog (Press Release) –
Oct 22, 2007 – Bradford & Bingley International has launched Issue 4 of their Fixed Rate Income Bond. The bond pays interest monthly which makes it ideal for customers who wish to receive a monthly income from their fixed term deposits.
The 6 month limited edition savings Bond is paying 6.20% on deposits of GBP 10,000 or more. Interest is paid on the last day of each month and must be paid into another Bradford & Bingley International account or another bank account in the UK or Channel Islands.
The monthly income bond also offers the convenience of an emergency withdrawal option. If access is required to the initial deposit before the bond maturity date, customers can make withdrawals subject to a 90-day interest penalty on the funds withdrawn. Bondholders therefore have the flexibility to react to any unforeseen changes in their circumstances during the fixed rate period of the investment.
More information on Fixed Rate Income Bond (Issue 4), including Terms and Conditions and an application pack, can be found on the Bradford & Bingley International website, www.bbi.co.im.
For further information, please contact Bradford & Bingley International on + 44 (0) 1624 695000.
