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Just like how the interest you earn on any money. Though it's difficult to research raw rate you earn on than nationally available banks and percentage yield APY is the full amount of interest earned diversified across a bundle of different bond issues.
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How To Buy Brokered CDs At Charles Schwab (Step By Step)A certificate of deposit (CD) is a time deposit sold by banks, thrift institutions, and credit unions in the United States. CDs are interest-earning bank accounts. CDs work by paying you interest on the money in your account. Like savings accounts, CDs are considered low risk because they are FDIC-insured up to $, However, CDs generally allow your savings to grow at a faster.