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A comment on UBS Agrees to Buy Credit Suisse in Historic Deal to End Crisis. Parent comment

Re:UBS Agrees to Buy Credit Suisse in Historic Deal to End C... by londons_explore on Sunday March 19, 2023 @04:55PM (#35223499)
At market rates, it should cost the same as selling the bonds now.

And selling the bonds now would put them in the red.

So either they have been given better-than-market rates, or they're pulling some other accounting trick to make it look like there is more of value here than there really is...

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Re:UBS Agrees to Buy Credit Suisse in Historic Deal to End C... by bartvk on Sunday March 19, 2023 @05:10PM (#35223685)
> At market rates, it should cost the same as selling the bonds now.

You assume that the spread is zero and that there are actually buyers. But I might be wrong here, I don't know about the liquidity of these bonds.

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