PORTMAN CHANNEL ISLANDS OFFERS BEST BUY BONDS-SAVERS HAVE CHOICE OF 4.65%, 5.00% AND 5.35%-

Portman Channel Islands has launched a new range of Fixed Interest Bonds with fixed rate terms of one, two and three years. All the bonds are best buy products and offer a no-risk investment for savers looking to 'fix' their money.

The minimum investment for all the Bonds is £10,000 and the maximum investment is £500,000.

Press Officer Lynsey Hallam said, "Fixed rate products are very popular for savers who want the security of a guaranteed return. By offering a variety of fixed rate terms, savers can choose how long they want to 'tie-up' their funds whilst benefiting from an excellent interest rate - a great combination."

Product Details:

1 Year Fixed Interest Bond
- 4.65% Gross Rate/AER% p.a
- Interest is paid on maturity of the Bond
- Interest can also be paid monthly at 4.55% (4.65% AER)
- Monthly interest cannot be compounded
- No withdrawals or deposits permitted
- Interest is calculated on a daily basis including day of receipt

2 Year Fixed Interest Bond
- 5.00% (4.88% AER) paid on maturity of the Bond
- Interest can also be paid annually on 31 December at 4.80% but cannot be compounded
- No withdrawals or deposits permitted
- Interest is calculated on a daily basis including day of receipt

3 Year Fixed Interest Bond
- 5.35% (5.09% AER) paid on maturity of the Bond
- Interest can also be paid annually on 31 December at 5.00% but cannot be compounded
- No withdrawals or deposits permitted
- Interest is calculated on a daily basis including day of receipt

Press Release Contact:
Lynsey Hallam
Press Officer
01202 562256
07887 830000

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