New monthly income fixed rate savings bond from Bradford & Bingley International

Following the success of the Fixed Rate Income Bond (Issue 1), offshore savings specialist Bradford & Bingley International has launched a new monthly income savings bond.
By: Bradford and Bingley International
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* Fixed
* Rate
* Income
* Bond
* Savings
* Offshore
* Bradford
* Bingley
* International
* Bank
* Account

* Banking
* Finance
* Business

* Douglas - Isle of Man - England

Aug. 1, 2007 - PRLog -- Fixed Rate Income Bond (Issue 2) ( )has been specifically designed for customers wishing to receive a monthly income from their fixed term deposit and is a one-year savings bond paying 6.15% maturing on 15 August 2008.

The fixed rate monthly interest savings bond is ideal for anybody looking to earn an income from their savings and is happy to fix their funds for a period of 1 year. This can be a great way to supplement existing income or pension. The fixed rate gives bond holders peace of mind in the knowledge that they will receive a set income on a regular basis over the period of the bond. This guaranteed rate also protects their income should there be a decrease in Bank of England Base Rate.

Fixed Rate Income Bond (Issue 2) ( )offers the additional 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deposit before the bond maturity date, customers can make withdrawals subject to a 90-day interest penalty on the funds withdrawn. Bond holders therefore have the flexibility to react to any unforeseen changes in their circumstances during the fixed rate period of the investment.

More information on the new monthly income fixed rate savings bond, including Terms and Conditions and an application pack, can be found on the Bradford & Bingley International website,

For further information, please contact Bradford & Bingley International on + 44 (0) 1624 695000.

ID: BBI0002n

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Bradford & Bingley International is a wholly owned subsidiary of Bradford & Bingley plc in the UK. We are one of the largest offshore savings banks based on the AAA rated Isle of Man. We serve many thousands of customers in more than 125 countries and hold customer deposits exceeding GBP3 billion.

Email:Contact Author
Phone:+ 44 (0) 1624 695000
Zip:IM1 1TA

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