Doglas Isle of Man, United Kingdom, April 26, 2007 --(PR.com
)-- Fixed Rate Bond
(Issue 28) offers international savers a guaranteed rate of interest until 30 May 2008 with options for interest to be paid on maturity or monthly to suit a customer’s individual requirements.
For retired customers, fixed rate monthly interest
can be the ideal way to supplement pension income. It makes budgeting easy and gives peace of mind, adding to the enjoyment of the retired lifestyle. The interest on maturity option is ideally suited to customers with savings that they are unlikely to require access to over the 12-month period. There is also the comfort for all bond customers that the rate offered is guaranteed throughout the life of the bond regardless of fluctuations in the Bank of England Base Rate.
BBI bond holders also have the additional convenience of an emergency withdrawal facility. Should anyone need access to their funds before the maturity date, they can do so subject to a 90-day interest penalty on the funds withdrawn. This feature provides the flexibility to react to any unforeseen changes in circumstances during the fixed rate period of the investment and is not generally available on this type of account.
Bradford and Bingley International is based on the AAA rated Isle of Man and is a wholly owned subsidiary of the well-known UK bank, Bradford and Bingley plc. They have customers in over 125 countries, especially in Spain, France and Commonwealth countries, and hold offshore assets exceeding GBP 3 billion.
More information on Fixed Rate Bond (Issue 28), including Terms and Conditions and an application pack, can be found on the Bradford & Bingley International website, www.bbi.co.im.