Functionally, the two assets are the same to John, but while John's deposit at Chase was a demand deposit, his deposit at Citibank in London is a Eurodollar deposit
It is surely significant that the Eurodollar deposit
market emerged in the 1960s when the Soviet Foreign Trade Bank deposited its surplus dollars in London and Paris bank to prevent Cold Warasset sequesters.
domestic deposit rates are lower than comparable maturity Eurodollar deposit
rates because domestic time deposits are subject to Federal Reserve Bank reserve requirements and Federal Deposit Insurance Corporation (FDIC) fees and Eurodollar deposits
Figure 2 focuses on the difference between the yield on a three-month eurodollar futures contract with three months to maturity and the actual eurodollar deposit
Such a Finding would be consistent with a higher premium on eurodollar deposit
yields relative to Treasury securities.
rates are the rates paid on large deposits of dollars in foreign banks.
PORTLAND, Maine -- TD Banknorth's Cash Management Group has introduced two new services for business clients--Digital Express(SM) and the Eurodollar Deposit
The Treasury-to-eurodollar (TED) spread compares the yield on three-month T-bills with three-month eurodollar deposit
Companies are more restrictive in capping qualified investments than last year, with municipal securities and Eurodollar deposits
being two of the vehicles with the most limits this year compared to last.
Examining current rates, all but those for Eurodollar deposits
are now below 15 basis points.
At the time of writing, interest rates on three-month Eurodollar deposits
He describes how the RegD reserve on Eurodollar deposits
in New York acts as a tariff on "imported" dollars, even though reserve ratios are the same on both the ES deposits and domestic deposits of the same maturity.