This is an investment instrument, common in the US. You lend your money to an institution for a short period of time (6 months) and in exchange you get a higher yield than in a typical savings account. You cannot touch the money in this 6 months, you pay taxes on the accrued interest, you get the difference as profit. According to wikipedia, the German noun for certificate of deposit is Sparbrief.
I haven’t found any Sparbrief offering on scalable capital, trade republic or comdirect, nor on the internet and wonder if I’m doing something wrong.
If you happen to be in a similar situation, what cds would you recommend? Is there a webpage that lets me compare?
Do you mean a consumer bank or any institution? If you’re looking for the latter, the German name for it would be Anleihen. You can lend money to states (Staatsanleihen), public institutions like the European Investment Bank or private companies.
You can use this tool to find and filter publicly traded ‘Anleihen’: https://www.boerse-stuttgart.de/de-de/tools/produktsuche/anleihen-finder/