Skipton launches new offshore bonds - Offshore savings - News - Moneyfacts

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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

MONEYFACTS ARCHIVE
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 It is now over 6 months old so the content may be out of date.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.

Find the best savings accounts for you - Compare offshore savings accounts

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 Any products featured may be withdrawn by their provider or changed at any time.

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