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Today’s Top Headlines

Derbyshire IOM Offers New Fixed Rate Bonds

by Carla Johnson, Investors

10 April 2006

Derbyshire Offshore, a subsidiary of Derbyshire Building Society, one of the UK’s top ten mortgage lenders, is offering 4.75% gross/AER on its 1 year fixed rate Manx Bond and 4.80% gross/AER on its 3 year fixed rate Manx Bond.

Derbyshire is also adding a new monthly interest option for those looking for a guaranteed monthly income to help with retirement planning as well as the standard annual interest payment, making the bonds an ideal retirement booster.

Fiona Passey, Director of Offshore Banking comments, “We understand that many of our customers are looking to structure their finances so that they can budget carefully and guarantee income and expenditure. With our new fixed rate Manx Bond offer, not only are we offering a great rate, we have also extended the flexibility of the account by adding a monthly interest option. In the current economic climate, our 1 year and 3 year Manx Bonds demonstrate our commitment to offering the best rate wherever possible, as well as our specialised understanding of the offshore investor market.”

But interested investors will have to move quickly as these competitive rates are only available until 30 April 2006. Derbyshire Offshore Manx Bonds are limited issue products and applications may be refused if they are fully subscribed.

Application forms and full details are available on

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