A. mutual certificate of deposit
B. euro dollar certificate of deposit
C. expansionary certificate of deposit
D. euro dollar contraction deposit
✅ The correct answer is option B.
Type of Eurodollars deposits denominated in banks outside United States is classified as euro dollar certificate of deposit. A Eurodollar certificate of deposit (Eurodollar CD) is a negotiable dollar-denominated time deposit issued by a U.S. bank located outside the United States or by a foreign bank located abroad.
Type of Eurodollars deposits denominated in banks outside United States is classified as euro dollar certificate of deposit. A Eurodollar certificate of deposit (Eurodollar CD) is a negotiable dollar-denominated time deposit issued by a U.S. bank located outside the United States or by a foreign bank located abroad.