Interest Rates-keeping your head above Zero
Thursday, February 12th, 2009February 12, 2009 By: Matthew Bradbard Eurodollars are deposits denominated in US dollars at banks outside the US, and thus are not under the jurisdiction of the Federal Reserve. Consequently, such deposits are subject to much less regulation than similar deposits within the US, allowing for higher margins. There is nothing “European” about Eurodollar deposits; [...]
