Cahoot re-enters fixed rate bond fray - Savings - News - Moneyfacts


Cahoot re-enters fixed rate bond fray

Cahoot re-enters fixed rate bond fray

Category: Savings

Updated: 28/02/2012
First Published: 28/02/2012

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Cahoot has re-entered the fixed rate savings fray with the launch of a short term bond.

Paying 3.65% until 31 May 2013, the bond is a market leader in the short term fixed sector.

As the deal runs for just over a year, it offers an alternative to a straightforward one year bond.

However, in common with most short-term fixed rate bonds, withdrawals are not allowed before the term ends.

The minimum investment of £25K might also be out of the reach of some.

Four out of five Moneyfacts stars are well deserved.

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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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