Wholesale certificates of deposit
A)are less than $100,000 in denomination.
B)cannot be rolled over prior to maturity.
C)can be resold on the secondary market.
D)are sold only to other financial intermediaries.
E)are covered by Federal deposit insurance.

Question

Quizplus · Accepted Answer

Wholesale certificates of deposit are large-denomination CDs that can indeed be resold on the secondary market, unlike traditional retail CDs which are typically held until maturity. This liquidity is one of the features that distinguishes them and makes them attractive to certain investors.

Wholesale Certificates of Deposit