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yankee cd

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Financial Dictionary

Yankee CD

A certificate of deposit (CD) issued in the U.S. market, typically in New York, by a branch of a foreign bank.

Investopedia Commentary

Yankee CDs are negotiable instruments, and most have a minimum face value of $100,000.

Related Links

Money Market Tutorial
Getting To Know The Money Market

See also: Certificate of Deposit - CD, Negotiable, Negotiable Certificate Of Deposit - NCD, Yankee Bond

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