Eurodollar Deposit

Eurodollar Deposit

A short-term certificate of deposit with a fixed interest rate issued in U.S. dollars outside the jurisdiction of the Federal Reserve. For example, one may purchase a CD in U.S. dollars and deposit it in a bank in the UK. Eurodollar deposits help persons and businesses hedge against short-term fluctuations in U.S. dollar exchange rates.
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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.
eurodollar deposit; Japan: 3-month certificate of deposits; euro
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 are not.
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 yield.
Such a Finding would be consistent with a higher premium on eurodollar deposit yields relative to Treasury securities.
Treasury Bill Rate and the Eurodollar Deposit Rate," Journal of Finance, 22: 455-465.
dollar deposited in a bank's Grand Cayman branch is a eurodollar deposit. The eurodollar market gives rise to LIBOR, or the London Interbank Offered Rate.
The new source data suggest the selection of significantly shorter maturity interest rates, such as those typical in the Eurodollar deposit market and deposit rates on foreign-currency-denominated deposits abroad, rather than the longer maturity rates used previously.
the rules of the game, the most pertinent of which is that a consideration for the higher interest rate earned by a Eurodollar deposit is the depositor's agreement to assume a 'sovereign risk.'" Wells Fargo Asia Ltd.
Eurodollar deposit rates are the rates paid on large deposits of dollars in foreign banks.
3-month eurodollar deposit; Japan: 3-month certificate of deposits;
are for the United States: 3-month eurodollar deposit; Japan: