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ALIL launches new limited edition 1-year fixed rate bond

Alliance & Leicester International is launching a new 1-year fixed rate bond at 4.40 per cent.

ALIL is offering the bond to new and existing customers, who are able to deposit between £5,000 and £1m into the 1-year fixed rate bond, maturing on September 30, 2006.

Investors can choose to have interest paid on maturity or on a monthly basis, into another ALIL account, or a bank or building society account in the IoM, UK or the Channel Islands.

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