Two-year fixed bond launched by Skipton International

Skipton International has launched a second edition of its two-year fixed-rate sterling account.

The bond pays a 3.25 per cent savings interest rate on all balances, although the minimum deposit is £10,000.

According to the lender, the account is expected to prove highly popular and will be offered on a strictly first-come first-served basis.

Jim Coupe, commercial director at Skipton International, said the firm was seeing "continued and strong demand" for shorter term fixed-rate savings accounts which give savers a known return.

"Our latest Skipton International Two-Year Bond offers a combination of an attractive interest rates, long term stability and access to your savings in just 24 months time," he added.

Earlier this week, Norwich & Peterborough Building Society announced the launch of its new Six-Month E-Bond, offering 3.05 per cent gross AER.

The firm also increased the savings interest rate paid on its one-year equivalent to this amount.

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2010-04-14 13:07:10 © Moneyextra.com