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> bonds that banks are holding has declined massively. That would be an impaired investment. We know that of the ~200bn at SVB around 50% of it was in their ho
by blitzar 4y ago
> bonds that banks are holding has declined massively.
That would be an impaired investment. We know that of the ~200bn at SVB around 50% of it was in their hold-to-maturity accounting bucket with no provision of any loss.
Credit Suisse bonds were hedged / short duration.