Sterling Savings Bank Issues High Interest Rate Savings Bond - Following the success of their previous 12-month Fixed Rate Bond Issue 27, Bradford & Bingley International (BBI) have launched a new one year offshore savings bond. The account is being offered as a limited-edition bond, which will close on the 30th of May, 2007, or earlier if fully subscribed. The sterling bond is available for deposits of £10,000 or more and pays up to 5.90% gross per annum depending on whether customers opt to have their interest paid monthly or at closure. The account will particularly appeal to expatriates looking to supplement their monthly income through high interest fixed rate savings and who wish to maintain a tax efficient sterling savings account.
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