Skipton launches new fixed bonds

Skipton Building Society is launching new issues of its Pick ‘N' Fix bond, paying a rate of 6.05% gross pa with a monthly income option at 5.85% gross pa.

These rates replaces any previously available, existing customers are not affected. The bonds will be available in branches, online and by telephone from Friday 5 September.

Key Features - Pick ‘N' Fix range of fixed rate bonds

Three bonds to choose from:
1 Year Fixed Rate Bond - fixed interest rate of 6.05% gross pa until 30 September 2009

2 Year Fixed Rate Bond - fixed interest rate of 6.05% gross pa until 30 September 2010

3 Year Fixed Rate Bond - fixed interest rate of 6.05% gross pa until 30 September 2011

Monthly income option:
1 Year Fixed Rate Bond - fixed interest rate of 5.85% until 30 September 2009

2 Year Fixed Rate Bond - fixed interest rate of 5.85% until 30 September 2010

3 Year Fixed Rate Bond - fixed interest rate of 5.85% until 30 September 2011

Minimum investment £500, maximum £250,000 (£500,000 if joint account) - cheque or transfer only
Customers can open more than 1 bond, however, the total investment cannot exceed the maximum limit
Additional investments allowed until bond becomes a closed issue - cheque or transfer only