Friday, November 22, 2024

Your Money: How negotiable certificates of deposits are traded in the money market

Monday, May 31, 2021, 21:00
This news item was posted in Business category and has 0 Comments so far.

Negotiable certificates of deposit or NCDs are nothing but FD receipts that can be traded in the market. What we call a fixed deposit in India, is known as a time deposit or TD, in the US.

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