Callable Certificate of Deposit. A type of CD that can be redeemed by the issuing company before the maturity date. Depending on the specific instrument, the CD can be purchased back at par value or with an additional premium. These products will generally have a higher yield when compared to non-callable CDs because of the risk that the company could call it back.
Related information about callable CD:
- Understanding CDs: Callable CDs
Aug 5, 2002 ... A callable CD is a certificate of deposit that can be called away from the investor after the call-protection period has expired, but before the CD ...
- Callable CDs: Check The Fine Print
Just like a regular CD, a callable CD is a certificate of deposit that pays a fixed ... The feature that differentiates a callable CD from a traditional CD is that the ...
- Callable CD
Callable CDs are available in terms of 36-months and 60-months. Callable CDs offer above-market rates, and are eligible to be "called" by the Bank at any time ...
- What is a Callable CD? - Bargaineering
Apr 7, 2010 ... As I was reviewing the CD rates of PNC Bank, after learning of PNC's $100 checking account promotion, I saw that they offered a 36 and 60 ...
- Top CD Rates - Callable CD Rates - Updated Daily
Nov 20, 2012 ... First Internet Securities Network specializes in FDIC insured certificate of deposit investments, finding the safest, highest & best CD rates for its ...
- How to Evaluate a Callable CD
Jan 1, 2008 ... Callable CDs offer a higher yield than regular CDs, but it's important to shop around before investing.
- What is a Callable CD? and Why Current Callable CDs Don't Make ...
Apr 13, 2010 ... A Callable CD is like a callable bond in that the financial institution that issues it can call or redeem the certificate of deposit. For this right they ...
- callable CD - Financial Dictionary - The Free Dictionary
A certificate of deposit that can be redeemed prior to the scheduled maturity. Many retail brokerage firms broker callable CDs issued by insured financial ...