> *the fed (quasi public) has been buying precisely these assets for over a deca... | Hacker News

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JumpCrisscross on March 12, 2023 | parent | context | favorite | on: Emergency bridge loan for SVB customers

> the fed (quasi public) has been buying precisely these assets for over a decade

At market price, not face value.

fnordpiglet on March 13, 2023 [–]

That’s correct, but they can also lend at net present value of the HTM value using it as collateral.

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