R628-22-6

R628-22-6. Allowed Structures

Last amended: 2024Length: 32 wordsOfficial source

Cite as Utah Admin. Code R628-22-6

Structures allowed for negotiable brokered certificates of deposit are: (1) Fixed rate; (2) callable; (3) Step up rates; and (4) Floating rate certificates of deposit based on SOFR or SOFR's subsequent replacement.
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