Skipton ups bond rates

Skipton Building Society has launched a new range of Pick 'N' Fix bonds - the deals including a 1-year bond with a rate of 6.01% gross pa, plus 2 and 3-year versions, each with a rate of 6.06% gross pa.

All of the bonds offer a monthly income option and will pay an annual equivalent rate of 5.81%, 5.86% and 5.86% through May 31st 2008, 2009 and 2010 respectively.

Minimum investment is £500, maximum £50,000 - by cheque or transfer only.

A maximum one of each bond is allowed per customer. Additional investments are allowed for a limited period - again by cheque or transfer only.

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2007-05-09 11:38:47 © Moneyextra.com