What is NOT true about Eurodollar CDs?
A) they are insured by the FDIC
B) they usually have higher yields than domestic CDs
C) they have a smaller secondary market than domestic CDs
D) they are not subject to reserve requirements

Question

Quizplus · Accepted Answer

Eurodollar CDs are not insured by the FDIC, as they are issued by banks outside the United States, even though they are denominated in U.S. dollars.

What Is NOT True About Eurodollar CDs