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A comment on Emergency credit line for SVB customers. Parent comment

Re:Emergency credit line for SVB customers by JumpCrisscross on Sunday March 12, 2023 @08:05AM (#35119129)
> the fed (quasi public) has been buying precisely these assets for over a decade

At market price, not face value.

[ Parent | on HN ]
Re:Emergency credit line for SVB customers by fnordpiglet on Monday March 13, 2023 @04:52AM (#35132914)
That’s correct, but they can also lend at net present value of the HTM value using it as collateral.
[ Parent | on HN ]