Cahoot launches new one-year fixed rate bond
Following its success in the two-year bond market in 2011 and 2012, cahoot is launching a new one-year fixed bond paying 3.60 per cent AER.
The bond is available from 23 April 2012 to 28 May 2012 and is available on balances from £25,000 to £2m.
On maturity, the bond converts into a new cahoot savings account which will be instant access with a variable rate.
Michelle Kent, Head of cahoot, said:
"Cahoot is pleased to offer our latest fixed rate bond which offers an excellent rate to savers looking for a fixed income. As always, bonds are a limited offer, so customers wishing to take advantage should act now to secure these rates."
On maturity, the bond converts into a new cahoot savings account which will be instant access with a variable rate.
Michelle Kent, Head of cahoot, said:
"Cahoot is pleased to offer our latest fixed rate bond which offers an excellent rate to savers looking for a fixed income. As always, bonds are a limited offer, so customers wishing to take advantage should act now to secure these rates."
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