Certificates of Deposit (CDs) are securitised bank time deposits. The CD market is a tiered market offering securities backed by different ‘names’ and so a range of liquidities and yields. The creditworthiness of a bank is evaluated by impartial rating agencies such as Moodys and Standard and Poors.
A certificate issued for a deposit made at a banking institution. The bank agrees to pay a fixed interest rate for the specified period of time, and repays the principal at the maturity. CDs can be purchased directly from the banking institution or through a securities broker
short-term, interest-bearing bank deposits that can be traded like a share or bond.
A debt instrument issued by banks, usually paying interest, with maturities ranging from seven days to several years.
Certificate of Deposit (CD) is issued by scheduled commercial banks excluding regional rural banks. These are unsecured negotiable promissory notes. Bank CDs have maturity of 91 days to one year, while those issued by DFIs have maturities between one and three years.
Debt instrument issued by a commercial bank. Promises to pay principal and fixed rate interest at maturity, normally one year or less. Amounts of $100,000 or more with 30 or more days to maturity are exempt from interest ceiling imposed by Regulation Q of Federal Reserve and are negotiable and actively traded in money markets.
An FDIC-insured account offered by banks and savings and loans. As with a bond, they are usually opened with a single deposit, earn a fixed return and have a set maturity date. Their maturities normally range from three months to five years.
Investment vehicles usually issued by banks and other financial institutions that pay a fixed rate of interest for a specific period of time. FDIC insured up to $100,000 per customer.
Issued by most commercial banks, representing bank borrowing for a short period of time.
Debt instruments issued by banks and thrifts.
Evidence of money deposited in a financial institution for a set period of time at a specified interest rate. Your risk of losing principal with CDs issued by federally insured institutions is very low.
Short or medium term, interest bearing, debt issued by banks.
Certificates of Deposit are issued by commercial banks against money deposited with them for a specific period of time, usually at a specific rate of interest, with a penalty for early withdrawal.
Negotiable securities issued by commercial banks against money deposited with them for a specified period of time. They vary in size according to amount of deposit and maturity period and may be redeemed before maturity only by sale in a secondary market. The maximum interest may be fixed by the Federal Reserve Board.
Certificates of Deposit (CDs) offer a fixed rate of return and are generally insured by an Insurance Corporation. CDs can be issued by various depository institutions including commercial banks, savings banks.
