As of the close of business, December 23, 2016, Zions Direct will no longer offer securities for sale via the Zions Direct Auction Platform. For more information or to discuss the purchase or sale of fixed income investment securities via other means, please contact your investment representative.
* FDIC Insured CDs are sold in $1,000 units with minimum quantities of 1 unit. * Commercial Paper is sold in $1,000 units with minimum quantities of 100 units.
*The current Market-Clearing Yield/Final Auction Yield is calculated as Yield to Worst (YTW) which is the lowest yield of yield to maturity, yield to call, yield to put, or other yields when a bond/note is callable, puttable, exchangeable, or has other features. If a bond/note is called, put or exchanged before maturity, the holder only earns interest on the time that has elapsed between purchasing the bond/note and its early redemption. The resulting yield is less than what would have been earned had the bond/note been held until maturity.
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Investment Products: Not FDIC Insured •
No Bank Guarantee • May Lose Value
Bank Deposits and Certificates of Deposit (CDs) are FDIC Insured up to Applicable Limits
Securities products and services offered by Zions Direct,
Member FINRA / SIPC, a non-bank subsidiary of ZB, N.A.
Affiliates of Zions Bank or other issuers may purchase CDs or securities through the
auction process. The market clearing yield may be lower due to the participation of
an affiliate in the auction which may benefit the affiliated issuer.