What is a 'Yankee Certificate of Deposit' Foreign banks sell Yankee certificates of deposit (Yankee CDs) in the United States. They are products which have underlying foreign corporations and are denominated in U.S. dollars.
DEFINITION of 'Yankee CD' A Yankee CD is a certificate of deposit (CD) that is issued in the United States by a branch or agency of a foreign bank.. A foreign company can raise capital from U.S. investors by issuing Yankee CDs.
A Yankee CD is a certificate of deposit issued by a foreign bank in the United States and denominated in U.S. dollars.
Yankee Certificate Of Deposit – definition, meaning. A certificate of deposit that is issued in a U.S. market by a branch of a foreign bank. Most Yankee CDs come .
Definition of Yankee Certificates of Deposit in the Financial Dictionary – by Free online English dictionary and encyclopedia. What is Yankee Certificates of .
Definition of yankee dollar certificate of deposit. A certificate of deposit offered by non-American banks in the US. . Print. Add Term to Watchlist. Share .