Answers about Index-linked Certificates of Deposit

Can I redeem my index-linked Certificate of Deposit (CD) before its maturity date?

There may be no active secondary market for an index-linked CD and penalties (including loss of principal) can be significant, if early redemption is available. Index-linked CDs are not designed to be a short-term investment, so an investor should be in a position to hold the index-linked CD to maturity.

March 2010