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jumbo CD

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:
  1. 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 ...
  2. 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.
  3. 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 ...
  4. 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...
  5. 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.
  6. 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.
  7. 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 ...
  8. 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 ...