What Is Certificate Of Deposit In Financial Market

Certificate Of Deposit is a Money Market Instrument 

It can be only issued by Commercial Bank

Local Area Bank & Regional Rural Bank are not able to Certificate Of Deposit

Certificate Of Deposit is otherwise known as CD form

It is a discounted Instrument  issued by bank

It is a banking term and it is only used when deposit money in bank in CD form

Certificate Of Deposit not included Commercial companies & Industries

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