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.
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.