Learn more about it. A CD—short for certificate of deposit—is a low-risk investment that offers a moderate (but guaranteed) return in exchange for a commitment to lock in your money for a set ...
Banks and credit unions offer certificates of deposit (CD), which pay a fixed amount of interest over a specific amount of time. In exchange, the customer agrees to leave a lump-sum deposit untouched.
BEIJING, Sept. 30 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the China Foreign Exchange ...
The best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates. In exchange for a longer lock-in period, investors receive a long-term commitment for a specific rate.