The interest rate of 6.70 per cent gross is fixed until 14 December 2009 and investors also have the option of a monthly income place available at 6.50 per cent gross until 14 December 2009.

Steve Aldous, general manager at Skipton Building Society, says, ‘Our limited edition bonds have proved popular in the past, so we wanted to give savers the chance to snap up another one. At a scorching rate of 6.70 per cent, investors are guaranteed to see their funds come to fruition.’

The minimum investment is £500 and funding is capped at £50,000. The bond is available from 6 June 2008 until 14 June 2008, or earlier if maximum funds have been received.

For more information, visit www.skipton.co.uk or call 08457 171777.