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Yorkshire Guernsey launches fixed rate bond

Yorkshire Guernsey is launching a two year fixed rate bond paying 5.3 per cent gross a year.

The bond which matures on June 30, 2004 has a minimum investment of £5,000 and a maximum of £500,000 and is available through the post.

Interest is paid gross at maturity an can be added to the bond or paid into a separate bank account.

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