International savings rates rise

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Lloyds TSB International has announced increases to its offshore interest rates on fixed rate products.

Its five-year fixed term deposit now pays 4.5% per annum, while the rate on its three-year fixed term deposit has increased to 3.5%. Both deposits’ rates have increased by 0.5%. The minimum deposit for both is £10,000 and the maximum is £5m. Full details at www.lloydstsb.-offshore.com

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