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Deposits/Certificates of Deposit

ICAP provides a full service in money market deposits as well as primary issues and also secondary market traded Certificates of Deposit covering all currencies.

A Certificate of Deposit is a negotiable coupon-bearing security issued by a bank, replicating an interest-bearing time deposit of fixed maturity with the flexibility and potential of secondary market trading. Maturities range from short dates to five years and certificates can be issued in any denomination.