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Certificate of Deposit Certificate of Deposit is an agreement between the investor and the bank where the predetermined amount of money is deposited for a specific period, and in return, the bank pays interest on such deposit. Certificate of Deposit…
Post by: Chris John in Banking
Repo Rate The word repo translates to repurchase or repossession agreement. Typically, repo is a money market instrument which its holder sells to an investor along with an agreement to repurchase the same at a predetermined date in the future.…