The new bond, which matures on 15 November 2017, will pay a fixed interest rate of 2.00% AER.
Skipton offers a range of offshore savings products with monthly or annual interest options; as well as Channel Island and British expat mortgages.
The account is available to private individuals, businesses, trust companies, and individual pensions.
It said interest would be paid monthly or upon maturity on a minimum investment of £10,000 and a maximum of £5m. “Customers should be advised there is no early access available with this account and it must be held until maturity,” it said.
Skipton managing director Jim Coupe said: “I’m pleased we are able to offer new and existing customers such a competitive rate at time when a rise in interest rates is still uncertain.”
