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Limited edition ALIL bond offers 5.3% fixed rate

Aug 21, 2006

Offshore savings bank Alliance & Leicester International Limited (ALIL) has introduced a limited edition, 1 Year Fixed Rate Bond (Issue 27) with a fixed interest rate of 5.3%. ALIL says customers can deposit between £25,000 and £1,000,000 into the Bond, which will mature on 31 August 2007.

Just like previous issues, ALIL savers can choose to have their interest paid on the maturity of the Bond or on a monthly basis. Interest can be paid either by transfer into another ALIL account, or by transfer to a bank or building society account in the Isle of Man, United Kingdom or the Channel Islands.

Balance

Annual Interest Gross % pa/AER

Fixed

Monthly Interest Gross % pa

Fixed

Monthly Interest AER %

Fixed

 

£25,000+

 

5.30

5.17

5.29

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