Loose Change

SKIPTON BUILDING Society has a three-year Protection Bond, paying 6.25 per cent gross, as long as the three-month London Inter Bank Offered Rate, at which banks lend to each other, does not fall below 4.75 at certain points each year.

A monthly income option, at 6 per cent, is also available. Call 0800 447766.

STANDARD LIFE Bank is raising rates on its three-year bond to 6 per cent gross. It pays a monthly or annual income. Call 0845 6012340. A similar three-year bond, also 6 per cent gross but with an emergency withdrawal facility, is available from Cheltenham & Gloucester. Call 0800 717505.

PREMIER FUND Managers is launching a Euro Protector Fund, offering long- term capital growth while protecting against potential stockmarket falls by locking in at least 97 per cent of a fund at the end of each quarter. A discount of 1 per cent on the fund's initial charge of 5 per cent applies until 31 July.