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Investment opportunity from Principality

Thursday, December 1, 2005

Principality, Wales' largest building society, has announced the launch of three new investment opportunities with a range of fixed-rate bonds.

The investment prospects are available from Friday December 2nd, and one-year, two-year and three-year versions of the bonds will be offered.

"Our new range of fixed-rate bonds offer a secure home for your money, safe from any changes in interest rates and are extremely competitive within the marketplace," said Sarah Sharma, savings product development manager at Principality.

The bonds offer interest rates of 4.60 per cent, 4.80 per cent and 4.95 per cent for the one-year, two-year and three-year investment opportunities respectively.

Interest will be paid when the bond matures, and any investment and interest will be transferred to a Principality Instant Access Savings Account.

The bond can be opened with as little as £1, but a deposit of anywhere up to £1 million can be made.

Principality is the UK's 12th largest building society with assets of £4.2 billion

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