Japanese bank CDs were first permitted by the Ministry of Finance at the beginning of the 1980s.

Name: Japanese bank CDs were first permitted by the Ministry of Finance at the beginning of the 1980s.
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Japanese bank Certificates of Deposit (CDs) were indeed first permitted by the Ministry of Finance in the early 1980s, marking a significant development in the country's financial market by allowing banks to offer a new savings instrument to their customers.

Japanese Bank CDs Were First Permitted by the Ministry of Finance