Karlfeldt & Delgado CDs
CD Types | Length of Bond | Current Yield Percetnage | Per Month Value |
3mCD | 3 Months | 24% | 8% |
These rate are as of October 22nd, 2007
Buying a CD
To buy a CD contact Legolas Delgado or teleport to the
K&D Mutual HQ. Right click on the vault and pay the desired amount. In the amount of time listed the money paid in will automaticly be sent to your acount with the listed yield percent included. A minimum of L$1000 is need to buy a cd, however there is curently no maximum.
Early Termination
If necessary a client can cancel their cd early and receive 85% of their invested money back.
Use of Funds
The Money raised will be used by K&D Mutual to work their investment strategies. Namely investing in undervalued comapnies on the stock exchanges.
Other Info
These bonds are non-compounding and the yield percentage is a flat rate. Karlfeldt & Delgado Mutual has been operating in SL for over 7 months and has repayed all debts intrusted to it to date. Including bonds and CDs.