Glossary
Banking
Certificate of Deposit
A CD is a fixed or floating-rate term deposit issued at par by banks, typically in large size (USD1m). CDs are tradeable and are key to most money market fund portfolios.
Certificate of Deposit
A CD is a fixed or floating-rate term deposit issued at par by banks, typically in large size (USD1m). CDs are tradeable and are key to most money market fund portfolios.