Skipton launches Summer Bond

Skipton Building Society is launching a limited edition Summer Bond, which offers an interest rate of 6.70% gross. The bond is available from 6 - 14 June or until maximum funds have been received.

Key features - Spring Bond

Limited availability from 6 June 2008 until 14 June 2008 or earlier if maximum funds have been received
Investment begins once cheque and fully completed application form have been received, along with relevant ID if necessary
Fixed interest rate of 6.70% gross until 14 December 2009 (18 months)
Monthly income option available at 6.50% gross until 14 December 2009
Minimum investment £500, maximum £50,000 - cheque or transfer only (£100,000 for joint)
Additional investments allowed until the 14 June, by cheque or transfer only

Steve Aldous, general manager, said, "Our limited edition bonds have proved popular in the past, so we wanted to give savers the chance to snap up another one. At a scorching rate of 6.70% investors are guaranteed to see their funds come to fruition."

For more information, visit skipton.co.uk.