UK Money News
7th July 2008
New issue of Skipton's Pick 'N' Fix bonds
The Skipton Building Society has announced a new issue of its range of Pick ‘N' Fix bonds.
Savers can apply for the fixed-rate products from July 7th, with the choice of committing funds for one, two and three years.
The annual income option offers a return of seven per cent , while customers who require a regular income can opt for the monthly income plan with a rate of return of 6.75 per cent.
Steve Aldous, general manager at Skipton, said: "This latest increase to our Pick 'N' Fix bonds makes them some of the most competitive around.
"We have not seen rates reach seven per cent for some time and I'm sure savers will be taking the opportunity to gain a great return on their investments."
Minimum and maximum investments in the bonds are fixed at £500 and £50,000 respectively or £100,000 in the case of a joint account.
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