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ALIL launches new bond

21 November 2005
Alliance & Leicester International Limited (ALIL) has launched another short term bond.

ALIL's One Year Fixed Rate Bond matures on November 30th 2006 and offers a competitive rate of 4.65 per cent.

The offshore savings bank says the bonds continue to be popular with its customers.

Managing director of ALIL, Simon Hull, said: "Our competitive range of short term bonds continues to be exceptionally well received by both new and existing customers, leading to the launch of our sixth issue this year - issue 20 of the limited edition bond.

"As well as a highly competitive fixed rate, ALIL’s One Year Fixed Rate Bond gives savers the option of accessing the market again for the best deal in 12 months’ time."

Customers can deposit between £5,000 and £1,000,000 into the bond and, as with previous bonds, investors can choose to have interest paid on the maturity of the bond or on a monthly basis.

Customers can call ALIL or log onto their website for more information.

To read more about Savings, click here.

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