Alliance & Leicester launches Fixed Rate Bond at 6.60%

Alliance & Leicester Savings has launched a new, limited edition 1 Year Fixed Rate Bond with a great interest rate of 6.60% fixed gross pa/AER.

This new Fixed Rate Bond is available from all Alliance & Leicester branches, for sums of between £1,000 and £2,000,000. The offer will be available whilst funds last and it will mature on 30 November 2009.

Martin Leake, Savings Manager at Alliance & Leicester commented: "This is a limited opportunity to invest anything from £1,000 to £2,000,000, and get a good return, without the risk of being exposed to stock market volatility."

The features of the account include:

An interest rate of 6.60 % gross AER
Interest payable annually or monthly
Minimum balance £1,000
Maximum of £2,000,000
Available to both new and existing customers, however transfers or cheques from other Alliance & Leicester accounts are not being accepted, unless from a maturing Alliance & Leicester Bond.
Available from Alliance & Leicester branches

For more information, visit alliance-leicester.co.uk