Certificate of deposit and Percentage point: Difference between pages

Revision as of 16:17, 9 August 2016

A percentage point is 1%, or 100 basis points.

An increase of 3%, say from 2% to 5%, is an increase of three percentage points, or 300 basis points.

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-(CD).
+A percentage point is 1%, or 100 basis points.
-CDs evidence fixed maturity time deposits with issuing banks or other deposit-taking institutions.
+An increase of 3%, say from 2% to 5%, is an increase of three percentage points, or 300 basis points.
-Maturities range from less than a week to five years.
-They are normally negotiable and enjoy a liquid secondary market.
 == See also ==
-* [[Bill of exchange]]
+* [[Basis point]]
-* [[CD]]
-* [[Interest bearing instruments]]
-* [[Jumbo certificate of deposit]]
-* [[Yankee CD]]
-[[Category:Long_term_funding]]
-[[Category:Liquidity_management]]