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Julian Hodge Bank launches fixed rate bond

The Julian Hodge Bank has launched a Capital Millennium Bond.


The bond pays a fixed rate of interest for one year. The interest can be received either as a monthly income or as an annual rate payable at maturity.


The monthly rate is 6 per cent gross, while the rate on the annual option is 6.25 per cent gross.


The Julian Hodge Bank is based in Cardiff.

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