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Foreign Currency CD

A certificate of deposit (CD) that is issued or denominated in a foreign currency or a basket of foreign currencies (a currency/...

Repo Rate

The annualized short-term interest rate at which the central bank lends money to commercial banks. In effect, repo rate represents...

Market-Linked CD

A certificate of deposit (CD) that is linked to the performance of some market variable, specifically the price of a stock or a basket of...

Collateral Transformation

A type of transformation in which involves a temporary exchange of less liquid forms of collateral for liquid collateral. Typically,...

Zero-Coupon Certificate of Deposit

A certificate of deposit (CD) that can be purchased at a deep discount to its par value. At maturity, its holder can...

Zero-Coupon CD

A certificate of deposit (CD) that can be purchased at a deep discount to its par value. At maturity, its holder can...

Add-on Certificate of Deposit

A certificate of deposit (CD) that allows its holder, and contrary to most types of certificates of deposit, to deposit more money...

Add-on CD

A certificate of deposit (CD) that allows its holder, and contrary to most types of CDs, to deposit more money into the...

No-Penalty CD

A certificate of deposit (CD) that allows its holder (the depositor) to early withdraw the funds, partially or wholly, before maturity of...

No-Penalty Certificate of Deposit

A certificate of deposit (CD) that allows its holder (the depositor) to early withdraw the funds, partially or wholly, before maturity of...