4 ms·
the problem with this theory is the bank doesn't borrow at zero. Goldman Sachs has 380 Bln of outstanding debt, and is paying roughly AA corporate rates on that
by vasilipupkin 11y ago
the problem with this theory is the bank doesn't borrow at zero. Goldman Sachs has 380 Bln of outstanding debt, and is paying roughly AA corporate rates on that debt. Overnight bank rate is 0.13 right now, which is the Fed Funds rate
- fsk 11y agoThat's only corporate bonds. Federal Reserve transactions are not publicly disclosed, which is one of the issues.