Followers

Friday, 30 November 2018

Certificates of deposits (CDs)

CD are short term deposit instruments issued by banks and Financial Institutions to rise large sum of money. CDS issued in the form of issuance promissory notes. They are negotiable and are in marketable form bearing specific face value and maturity. CDs are Transferable from one party to another due to their negotiable nature. They are also known as negotiable certificate of deposits.
 Issuers
Issuers of CDs are commercial bank,Financial institutions  etc;
Subscribers (or) Investors:-
Individuals, Trusts, associations & NRI's

at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)
  • What are different types of derivatives
    Derivatives are the investments that derives it's value from the underlying asset.    Derivatives are risk reducing instruments. Der...
  • Law of demand
    The law of demand is is one of the laws of economic theory . According to law of demand other things being equal , if the price of a commod...
  • Options
    Option is a financial derivative that gives the buyer the right, but not a obligation , to buy or sell a security for an agreed price on...