Indexed Certificate Of Deposit - Indexed CD
See: Indexed ARM. It's the same idea, only with CD rates indexed to some Central Bank number, or whatever the Fed is lending bank money at, plus 10-20 basis points...or something in that neighborhood.
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See: Indexed ARM. It's the same idea, only with CD rates indexed to some Central Bank number, or whatever the Fed is lending bank money at, plus 10-20 basis points...or something in that neighborhood.