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Skipton launches new offshore bonds

Skipton launches new offshore bonds

Category: Offshore savings

Updated: 07/12/2009
First Published: 07/12/2009

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
Skipton International Ltd has launched a pair of new offshore bonds that both sit within the top quartile of their respective fields.

The 3 Year International Bond is a fixed term account maturing on 24.1.13. It pays a yearly rate of 3.80% (3.70% monthly) on a minimum investment of £10K.

The 5 Year International Bond is a fixed term account maturing on 24.1.15. It also requires a minimum investment of £10K, paying a yearly rate of 4.50% (4.40% monthly).

Neither bond allows early access or further additions, but they are likely to prove popular with clients looking for a longer term home for their funds, especially the five year product, which sits just below the market leaders.

Both bonds have been awarded four out of five Moneyfacts stars.

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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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