O.W.16: Wholesale CDs
Refers to certificates of deposits greater than $250,000 issued to counterparties that are not Retail or Small Business where the certificates of deposit are tradable, negotiable, and typically settle at DTCC.
Refers to certificates of deposits greater than $250,000 issued to counterparties that are not Retail or Small Business where the certificates of deposit are tradable, negotiable, and typically settle at DTCC.