3 ms·
The interest rate at which large banks can borrow USD is officially 0-1% and effectively negative due to massive quantitative easing.
by pphysch 5y ago
The interest rate at which large banks can borrow USD is officially 0-1% and effectively negative due to massive quantitative easing.
- stingraycharles 5y agoBut that is not the rate at which they will lend the money to ByteDance, at all. Still has a significant risk involved.
- pphysch 5y agoIt's close to the base rate. It's not a payday loan...