1.   Promissory notes are the equivalent of fixed deposits at commercial banks.

2.   The fund will invest in government and corporate bonds, as well as commercial paper and fixed deposits, Yang said.

3.   To raise money, they generally sell promissory notes, which typically pay higher interest rates than fixed deposits at commercial banks.

4.   A report from Salomon Brothers Hong Kong Ltd said rapid increase in interest rates led to lending rates climbing faster than fixed deposit rates.

5.   Agriculture Minister Datuk Amar Dr Sulaiman Daud said the innovative approach where depositors received gifts rather then interest for fixed deposits should attract more people to save.

6.   And because of theeconomic situation, which may lead to smaller bonuses, increments or evensalary reductions, they are keeping their cash in fixed deposits andsavings accounts.

7.   Analysts also noted that with lower ratings, higher premium on loans as well as fixed deposits to attract depositors will now take place.

8.   At this point, it should be clear that the dividends of EPF had been consistently better than that of fixed deposit interest rates over the years.

9.   Before the rise in interest rates, Sim used to place his fixed deposits for a year at a time.

10.   But if you want short-term returns, then you are better offdiversifying your fixed deposits among various institutions.