Skipton Guernsey launches guaranteed bond range

Savers will receive the maximum rate over two years on deposits of £100,000 and over, or 2.75% gross/AER over 12 months. On deposits of £25,000 to £99,000, the two year bond pays 2.75% gross/AER and 2.5% gross/AER for the one year account. The one year bond matures on 30 June 2010, while the two year account matures on the same date in 2011. No withdrawals are allowed during the fixed rate term and both bonds are limited issue offers and will be withdrawn when fully subscribed. While the maximum deposit is £1m, larger sums may be accepted subject to negotiation. "With the backing of...