Eurodollar certificate of deposit

Eurodollar certificate of deposit

A certificate of deposit paying interest and principal in dollars, but issued by a bank outside the United States, usually in Europe.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Eurodollar CD

A certificate of deposit denominated in U.S. dollars, but issued and held outside the United States. Almost all Eurodollar certificates of deposit are issued by banks in London.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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Recent events suggest the twin deficits can be disregarded if the US's financial instruments, i.e., stocks, bonds and eurodollar Certificate of Deposits (CDs), remain appealing to foreign investors.