A&L to launch limited edition 1 Year Fixed Rate Bond

Alliance & Leicester Savings and Investments is launching a new, limited edition 1 Year Fixed Rate Bond with a great fixed interest rate of 6.55% gross pa/AER, providing the best rate for a one year Fixed Rate Bond on the High Street.

This new Fixed Rate Bond is available at any Alliance & Leicester branch, on deposits into the Bond between £1,000 and £1,000,000, which will mature on 1st October 2008. This offer is available for a strictly limited period only, whilst stocks last.

Martin Leake, Savings and Investments Manager at Alliance & Leicester commented: “This Fixed Rate Bond gives savers a great rate of interest, and more importantly provides a risk-free investment at a time when capital invested in other vehicles, like the stock market, appear very exposed. This is a limited opportunity to invest anything from £1,000 to £1,000,000, and get the best rate of return on the high street.”