Offshore savings bank launches 7% fixed rate sterling bond

Bradford & Bingley InternationalBradford & Bingley International, a major offshore savings bank, has released details of its latest fixed rate savings bond.

The savings specialist is extending its competitive run of fixed rate savings bonds with its one year Fixed Rate Bond (Issue 45) paying 7% interest per annum.

The fixed rate bond is available for balances over £10,000, with interest being paid on maturity. The bond also offers the comfort for all bond customers that the rate offered is fixed throughout the life of the bond, regardless of changes in the Bank of England Base Rate.

Fixed Rate Bond (Issue 45) is a limited edition bond offered on a first-come-first-served basis. The closing date for applications is 30 September 2008.

Based on the Isle of Man, Bradford & Bingley International is a leading offshore savings bank, which has been providing individual savings solutions to financial institutions and private customers for over 16 years.

More information on Fixed Rate Bond (Issue 45) can be found on the Bradford & Bingley International website, www.bbi.co.im or alternatively call+ 44 (0) 1624 695000.

Information on Bradford & Bingley International and its extensive range of offshore savings accounts can be found at www.bbi.co.im.

Note to editors

Information about Bradford & Bingley International can be found at the following web address – www.bbi.co.im

Bradford & Bingley International Limited is licensed by the Isle of Man Financial Supervision Commission to conduct banking business and is a wholly owned subsidiary of Bradford & Bingley plc.

Bradford & Bingley plc has given a legal undertaking agreeing to discharge the liabilities of Bradford & Bingley International Limited in so far as Bradford & Bingley International Limited is unable to discharge them out of its own assets and while Bradford & Bingley International Limited remains a subsidiary of Bradford & Bingley plc. Under Isle of Man legislation, deposits made with an Isle of Man office of Bradford & Bingley International Limited are covered by the Depositors Compensation Scheme contained in the Banking Business (Compensation of Depositors) Regulations 1991 (as amended).