Yields on bank certificates of deposit and money market accounts were down again for the week ended yesterday.

He added, "These are people looking for yields they used to get on bank certificates of deposit."

The average yield for a bank six-month certificate of deposit was up by 2 basis points, to 8.26 percent.

The analysts note that the yields on bank certificates of deposit are becoming attractive.

These instruments include bank certificates of deposit whose interest rate is linked to gold prices.

She said she was earning 9 1/2 percent on bank certificates of deposit a year ago.

Yields on bank certificates of deposit and money market accounts were mostly lower.

Such investments often return little more than bank certificates of deposit.

Just three years ago, a boom in India's stock market was fueled by phony bank certificates, which were traded like money.

And a typical one-year bank certificate of deposit earns just 4.34 percent.