A CD with a very large denomination, usually $1 million or more. These are usually bought by institutional investors who are interested in low-risk investments. Jumbo CDs are usually in bearer form, and have secondary markets that are highly liquid. also called negotiable certificate of deposit.
Related information about jumbo CD:
- Jumbo CD Definition | Investopedia
A certificate of deposit (CD) with a minimum denomination of $100000. Jumbo CDs have higher denominations than regular certificate of deposits, and allow ...
- 5-year jumbo CD rate hits a low « Bankrate, Inc.
Oct 3, 2012 ... Bankrate's weekly interest rate survey revealed that the average five-year jumbo CD yield hit a new low this week. It's now less than 1 percent.
- Are jumbo CD rates worth it? « Bankrate, Inc.
May 18, 2011 ... In better times, savers with large deposits are rewarded for buying jumbo CDs with better CD rates. Today, not so much. Learn more about CD ...
- What is a Jumbo CD?
A jumbo CD is a financial instrument that comes in a very large denomination, usually a minimum of $100000 US Dollars (USD). The...
- Key Jumbo CDs
Learn more about Jumbo CD accounts from Key, your best large denomination savings option. Get important details about our Jumbo CDs today.
- Jumbo CD - Financial Dictionary - The Free Dictionary
A certificate of deposit of large value, usually more than $1 million, that can be bought and sold, but not redeemed before maturity. See also: Negotiable CD.
- Top Jumbo CD Rates
Top Institutional Jumbo CD Rates From JRN 29:45 (Surveyed 11/15/2012). BauerFinancial does not accept advertising. No bank pays for its rating or to list its ...
- Jumbo CD Investments Inc.
Jumbo CD Investments, Inc. is a Certificate of Deposit (CD) management and consulting firm specializing in helping our clients find the best CD rates available ...