Do CDs bought thru a broker allow you to margin the CD amount?

[David Donner]

Do CDs bought thru a broker allow you to margin the CD amount?
Or does it lock up your money for the duration of the CD?
Or, is it broker specific?

 

[ZBZB]

Buy a treasury bill etf if you want margin

 

[David Donner]

Buy a treasury bill etf if you want margin

I am aware of TBills having the margin, what about CDs that are sold thru a brokerage?

 

[ZBZB]

I am aware of TBills having the margin, what about CDs that are sold thru a brokerage?

The interest rate on tbills is higher than a Cd.

 

[David Donner]

The interest rate on tbills is higher than a Cd.

Understood.

Do CDs bought thru a broker allow you to margin the CD amount?
Or does it lock up your money for the duration of the CD?
Or, is it broker specific?

 

[ph1l]

Understood.

Do CDs bought thru a broker allow you to margin the CD amount?
Or does it lock up your money for the duration of the CD?
Or, is it broker specific?

I don't know if this applies to all brokers, but Fidelity says no.
https://www.fidelity.com/trading/faqs-margin

You cannot use these securities as collateral for margin borrowing:

• CDs
• Money market funds
• Annuities
• Options
• Offshore mutual funds

 

[elite1974]

CDs are not marginable.
treasuries less than 1-year 99% marginable