Business, Legal & Accounting Glossary
An interest-bearing, time-obligated debt instrument issued by a non-U.S. bank. To compensate for their lower liquidity and increase their attractiveness to investors, Euro CDs typically earn a higher yield than CDs issued by U.S. banks.
EURO CD
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Definitions for Euro Certificate Of Deposit are sourced/syndicated and enhanced from:
This glossary post was last updated: 21st November, 2021 | 0 Views.