Certificates of deposit inch higher
Published: Dec. 31, 2004 at 2:40 PM
NEW YORK, Dec. 31 (UPI) -- Moneyrate.com of New York said Friday rates on short term certificates of deposit inched higher during the week ending Dec. 30.
Moneyfund.com said the rate on the 1 month certificate of deposit rose to 1.12 percent from 1.08 percent a week earlier while the rate on the 3 month CD inched up to 1.67 percent from 1.66 percent a week ago.
The group said the rate on the 6 month certificate of deposit rose to 1.95 percent from 1.94 percent a week earlier while the rate on the 9 month CD improved to 2.50 percent from 2.47 percent a week ago.
The rate on the 1-year CD remained at 2.51 percent.
Moneyfund.com said the rate on the 1 month certificate of deposit rose to 1.12 percent from 1.08 percent a week earlier while the rate on the 3 month CD inched up to 1.67 percent from 1.66 percent a week ago.
The group said the rate on the 6 month certificate of deposit rose to 1.95 percent from 1.94 percent a week earlier while the rate on the 9 month CD improved to 2.50 percent from 2.47 percent a week ago.
The rate on the 1-year CD remained at 2.51 percent.
© 2004 United Press International. All Rights Reserved.
This material may not be reproduced, redistributed, or manipulated in any form.
This material may not be reproduced, redistributed, or manipulated in any form.
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