DEFINITION of 'Yankee CD' A Yankee CD is a certificate of deposit (CD) that is issued in the United States by a branch or agency of a foreign bank. A Yankee CD is a foreign certificate of deposit denominated in U.S. dollars, issued in the U.S. to American investors.
Foreign banks sell Yankee certificates of deposit (Yankee CDs) in the United States.. Yankee CDs usually have a minimum face value of $100,000 and maturity of less than one year and may pay either a fixed or variable interest.
A Yankee CD is a certificate of deposit issued by a foreign bank in the United States and denominated in U.S. dollars.
Yankee CDs are certificates of deposit issued in the U.S. market by the U.S. branch of a foreign financial institution. Yankee CDs are denominated in U.S. dollars .
by banks abroad are known as Eurodollar CDs or Euro CDs. CDs issued by U.S. branches of foreign banks are known as Yankee CDs. Finally, CDs issued by .
Yankee Certificate Of Deposit - definition, meaning. A certificate of deposit that is issued in a U.S. market by a branch of a foreign bank. Most Yankee CDs come .
Definition of yankee dollar certificate of deposit. A certificate of deposit offered by non-American banks in the US. . Print. Add Term to Watchlist. Share .
Definition of Yankee Certificate of Deposit in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is Yankee Certificate of Deposit .