Advertising Disclosure
  1. Home
  2. Community
  3. Miscellaneous
  4. Big Banks Brokered CD Rates Lower

Big Banks Brokered CD Rates Lower

Kirkland
  |     |   377 posts since 2014

On TD Ameritrade, Big banks lower their rates. Synchrony 1 year 5.10%, 2 year 5.05%, 3 year 5.00%, 4 year 4.90%, 5 year 4.80%. Settlement dates 3/29.

Goldman Sachs 1 year 5.00%. Settlement date 3/29.

  Post a comment
5


sams1985
  |     |   781 posts since 2022
Interesting development but the encouraging sign is that they haven't completely disappeared unlike November despite the Treasury yields tanking-though looks like they're bouncing back a bit today.
Reply
5
John19
  |     |   397 posts since 2022
Don't see it on Schwab, is it still there? I think the Morgan Stanley ones are almost finished. But every time I say that they issue $20,000,000.
Reply
3
sams1985
  |     |   781 posts since 2022
Yeah the 60 month Morgan Stanley 4.9% popped back up on Fidelity today...plenty available. Settle on 3/23. Will be curious to see if Morgan Stanley continues the trend and releases 5% 60 month later this week.
Reply
2
John19
  |     |   397 posts since 2022
Discover 4.75% five year just popped up on Schwab.
Reply
2
sams1985
  |     |   781 posts since 2022
4.75 % Discover on Fidelity just popped up.

Amex popped on Fidelity too. 4.75% down from 4.8% last week.
Reply
4
RichardW
  |     |   821 posts since 2019
Interesting to see Goldman Sachs back in the game. The last time I recall seeing a Goldman Sachs new issue, non-callable, brokered CD offered at any brokerage was around April 2022 when rates were much lower.

As of 3 PM ET today, Morgan Stanley Bank and Morgan Stanley Private Bank 5-year @ 4.90% new issue, non-callable, brokered CDs were no longer available at Fidelity or Vanguard.
Reply
4
John19
  |     |   397 posts since 2022
Only Discover popped up on Schwab today with 2000 4.75% five year only, no Synchrony or Amex. Still about 3000 left of Morgan Stanley 4.9%.
Reply
2
John19
  |     |   397 posts since 2022
Synchrony 4.8%, Amex, Discover and CIBC 4.75% five year CDs all showing on Schwab now.
Reply
3
RichardW
  |     |   821 posts since 2019
At Fidelity the Morgan Stanley Bank and Morgan Stanley Private Bank 5-year new issue, non-callable, brokered CDs are now being offered at 4.75%. Earlier this week they were both at 4.90%. They now join Discover and American Express at 4.75%. Synchrony is currently at 4.80% with limited quantity (118 as of 12:05 PM ET today).
Reply
4


The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.