New Fixed Rate Bond
Stroud & Swindon is launching a limited issue fixed rate bond on 19 May with an interest rate of 6.20 % gross AER.
This new product is fixed for one year, maturing on 2 July 2008. The bond is available via any Stroud & Swindon branch or agency or telephone (08457 045 012).
This bond is subject to minimum £500 and maximum £500,000 investment limits. Additional investments are allowed up to the overall limit, but only whilst the issue remains open. Withdrawals are not permitted.
Stroud & Swindon expects the demand to be high for this product so suggests that consumers take advantage of this offer while it is still available.
Paul Chafer, Sales and Marketing Director at Stroud & Swindon commented, “We are delighted to be able to offer this fixed rate bond with a highly competitive rate of 6.2% gross AER. We hope that customers will be quick to take advantage of this great offer while it lasts.”
For further information please contact the Customer Service Centre on 08457 045 012
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For further comment please contact:
Paul Chafer
Sales and Marketing Director
Stroud & Swindon
01453 768407
Lee Blackwell / Brian Thorn / Karen Butcher
The Wriglesworth Consultancy
020 7845 7900
Stroud & Swindon is the 15th largest building society in the UK with assets in excess of £2.8 billion. The Society operates through a dedicated team of intermediary business development managers, with a branch network of 22 offices and 20 agencies in the South West, complemented by a direct call centre based in Stroud and website
www.stroudandswindon.co.uk.
Limited Issue Fixed Rate Bond
- Bond matures on 2 July 2008.
- Interest rate of 6.20% gross AER.
- Minimum Investment £5,000.
- Maximum investment £500,000.
- Additional investments allowed up to the overall limit but only whilst the issue remains open.
- Withdrawals are not permitted throughout the term. Anyone wishing to make a withdrawal will have their account closed and will be subject to 120 days gross interest charge.