A Brokered Certificate of Deposit (Brokered CD) is a type of CD issued by banks or thrift institutions but bought in bulk by brokerage firms who then resell it to their clients. These CDs often offer higher interest rates compared to those offered directly by banks.
A Certificate of Deposit (CD) is a negotiable certificate issued by a bank in return for a term deposit, offering competitive interest rates and intended for attracting larger investors.
A Eurobond is a type of bond issued in a eurocurrency, and it plays a significant role in the international finance market by allowing issuers to raise capital efficiently across borders.
The Federal Agricultural Mortgage Corporation, known as Farmer Mac, is a stockholder-owned, federally chartered corporation established to improve the availability of long-term credit for America's rural communities by providing a secondary market for agricultural real estate and rural housing mortgage loans.
An institutional lender is a financial intermediary who invests in loans and other securities on behalf of depositors or customers. These institutions are heavily regulated to mitigate risks and play a crucial role in both the primary and secondary markets for loans and securities.
A Negotiable Certificate of Deposit (NCD) is a time deposit with a bank that can be sold in the secondary market. These large-denomination CDs are typically issued in amounts over $100,000 and pay interest either to the bearer or to the order of the depositor.
The market where new issues of securities are initially sold to investors. It contrasts with the secondary market where existing securities are traded among investors.
A seasoned issue refers to securities that are typically from established companies, have gained a reputation for quality with the investing public, and enjoy a high level of liquidity in the secondary market.
A secondary market is a marketplace where investors buy and sell securities they already own. It differs from the primary market, where securities are initially issued. The secondary market provides liquidity and enables price discovery for traded assets.
A secondary market is a crucial component of the financial market where securities are traded among investors after being initially offered to the public on the primary market.
SLM Corporation, commonly known as Sallie Mae, is a publicly traded corporation that guarantees student loans and is actively traded on the secondary market. It purchases student loans from originating financial institutions and provides financing to state student loan agencies.
