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makestuff
on March 12, 2023
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Joint statement by the Department of the Treasury,...
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…
bradleyjg
on March 13, 2023
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Not only that but they’ll loan you more than the security is worth!
xuki
on March 13, 2023
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This is dog shit because banks can now buy bonds at market value and use them for collateral at par value. Brilliant idea really.
radicaldreamer
on March 13, 2023
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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)
naveen99
on March 13, 2023
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Not 0%
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