Alliance & Leicester International launches new fixed rate bonds

Alliance & Leicester International Limited (ALIL), the Isle of Man based offshore savings bank, has today launched a new limited edition 1 Year Fixed Rate Bond (Issue 49) with a highly competitive fixed interest rate of 6.50% pa gross/AER.

In addition, a new 6 Month Fixed Rate Bond (Issue 1) will also be available, with a rate of 6.50% gross (6.60% AER).

These new Fixed Rate Bonds are available for sums of between £50,000 and £1,000,000. These offers are strictly limited and will only be available whilst funds last. The 6 Month Fixed Rate Bond will mature on 31 October 2008, and the 1 Year Fixed Rate Bond will mature on 30 April 2009.

Other features of these bonds include:

1 Year Fixed Rate Bond - interest payable monthly (6.31% gross/6.50% AER), or on maturity (6.50% gross/AER)
6 Month Fixed Rate Bond - interest payable on maturity
Minimum balance £50,000
Maximum of £1,000,000
Both bonds are available to both new and existing customers, however they must be opened with funds not already deposited with Alliance & Leicester International.

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."

For more information on these new bonds, or any other Alliance & Leicester International account, visit alil.co.im.