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Step-Down CD

A certificate of deposit (CD) that provides its holder (account holder) with a high introductory rate that, later on, steps...

Step-Up CD

A certificate of deposit (CD) that allows the holder (depositor) to lock in an interest rate for a specific number...

LADG

It stands for leverage-adjusted duration gap ; a duration gap measure that takes into account a bank's overall exposure to interest rate...

FTQ

It stands for flight to quality; at an individual bank's level, it refers to a reallocation tactic whereby banks encountering...