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National Savings launches Tessa Isa

National Savings is launching a Tessa Isa for investors offering investors 5.75 per cent gross.


The Tessa Isa guarantees to pay an interest rate equal to or higher than the Bank of England&#39s base rate until April 2000.


The Tessa Isa is only available to savers with maturing Tessas.


The minimum investment is £10, with a maximum of £9,000. But this maximum is restricted to the amount previously held in the matured Tessa.

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