Long-term rate

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The Independent Online
CONSOLIDATED Life is offering the most competitive long- term rates in the GIB market. Its seven-year bond offers a return of 6.75 per cent on deposits of pounds 2,000 or more. It also has the leading rates in the market in small, short-term investments. Its two-year pounds 2,000 bond offers an annual return of 5.4 per cent. Its three-year pounds 2,000 bond offers an annual return of 6 per cent.

The Stroud & Swindon Tessa is offering a rate of return of 7.75 per cent on minimum investments of pounds 100.

----------------------------------------------------------------- SIX OF THE BEST ----------------------------------------------------------------- Savings Type Account Term *0% *25% *40% Min GIB General Portfolio 5 years 6.60 6.60 5.61 pds 50,000 B Soc North of England Instant 7.50 5.63 4.50 pds 25,000 Tessa Allied Trust Bank 5 years 8.10 8.10 8.10 pds 9,000 *Compounded annual rate except for GIB (guaranteed income bond) ----------------------------------------------------------------- Source: Chase De Vere 071-404 5766 -----------------------------------------------------------------

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