Cahoot has returned to the fixed rate bond market with the launch of an internet and telephone operated two year offering.
The fourth issue of the fixed rate bond offers savers 4.01% yearly until 10 January 2014.
To access funds, savers must give six days' notice to shut the account and will incur 120 days' of lost interest. No additions are permitted.
At 4.01%, it is just below the market leader for its term, although a minimum investment of £25K may limit its appeal.
Four out of five Moneyfacts stars have been awarded.
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