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So does SVB. Holding Treasuries is no guarantee of solvency when their maturities are out in the future and suddenly half your depositors want to withdraw thei
by DebtDeflation 4y ago
So does SVB. Holding Treasuries is no guarantee of solvency when their maturities are out in the future and suddenly half your depositors want to withdraw their funds today.
- sir0010010 4y agoIf you click on the link for VMFXX, it says that the average maturity of the US treasury debt that it holds is 13 days. The average maturity for SVB's treasury holdings, on the other hand, was more than 6 years.