S treasury issues and comparable to commercial paper

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Unformatted text preview: htly higher than U.S. Treasury issues 1.80%c Negotiable Commercial certificates banks of deposit (CDs) Represent specific cash deposits in commercial banks; amounts and maturities tailored to investor needs; large denominations; good secondary market 1 month to 3 years Higher than U.S. Treasury issues and comparable to commercial paper 1.83% Commercial paper Corporation with a high credit standing Unsecured note of issuer; large denominations 3 to 270 days Higher than U.S. Treasury issues and comparable to negotiable CDs 1.80% Banker’s acceptances Banks Results from a bank guarantee of a business transaction; sold at discount from maturity value 30 to 180 days About the same as negotiable CDs and commercial paper but higher than U.S. Treasury issues 1.86% Eurodollar deposits Foreign banks Deposits of currency not native to the country in which the bank is located; large denominations; active secondary market 1 day to 3 years Highest, due to less regulation of depository banks and some foreign exchange risk 1.91% Money market mutual funds Professiona...
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