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A comment on Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC. Parent comment

Re:Joint Statement by the Department of the Treasury, Federa... by makestuff on Sunday March 12, 2023 @07:13PM (#35127875)
So if i understand this correctly you can get a 0% interest loan as a bank if you need liquidity? I wish I could put my assets up for a 0% loan…
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Re:Joint Statement by the Department of the Treasury, Federa... by bradleyjg on Sunday March 12, 2023 @09:06PM (#35129197)
Not only that but they’ll loan you more than the security is worth!
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Re:Joint Statement by the Department of the Treasury, Federa... by xuki on Sunday March 12, 2023 @10:11PM (#35129921)
This is dog shit because banks can now buy bonds at market value and use them for collateral at par value. Brilliant idea really.
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Re:Joint Statement by the Department of the Treasury, Federa... by naveen99 on Sunday March 12, 2023 @10:04PM (#35129834)
Not 0%
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Re:Joint Statement by the Department of the Treasury, Federa... by radicaldreamer on Monday March 13, 2023 @07:54PM (#35145073)
The new facility isn't at 0% but it values securities at par value (some of which are valued by the market at 60 cents on the dollar)
[ Parent | on HN ]