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Offshore Interest Rates Still Heading Upwards

by Carla Johnson, Investors Offshore.com

06 June 2007

Alliance & Leicester International Limited, the offshore savings bank, has launched a new, limited edition 1 Year Fixed Rate Bond (Issue 38) with a competitive fixed interest rate of 6.30% AER.

Customers can deposit between GBP5,000 and GBP1,000,000 into the Bond, which will mature on 30 June 2008 - interest is paid either on maturity or can be paid monthly for those customers seeking a fixed regular income.

Simon Hull, Managing Director of Alliance & Leicester International commented: "Our range of fixed rate bonds continues to meet the needs of our customers. We strive to give our customers the best rate possible in what is a highly competitive market. We are truly offshore, with all of our customer data held in the Isle of Man and this offering represents excellent value for our customers."

For more information on the 1 Year Fixed Rate Bond (Issue 38) or any other Alliance & Leicester International account, customers can call +44 (0)1624 678286 or download ALIL's Terms and Conditions and application forms at www.alil.co.im.

 

 






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