by Dismal-Jellyfish
The requirement for these institutions to have total U.S. Treasury, agency debt and agency mortgage-backed securities holdings equal to or greater than $5 billion or total assets equal to or greater than $30 billion is being reduced to $2 billion and $10 billion, respectively.
All other eligibility criteria and expectations remain the same.
This seems like it implies that their assets are drying up. Why else would you lower the requirement? Oh boy…buckle up!
Got a news tip or correction? Let us know
If you got something out of this, please chip in to keep this site running, or subscribe to go ad-free.
4 views