top | item 35127733 (no title) dodgerdan | 3 years ago 3. SVB’s assets. They actually have enough assets to pay, but it will take time for those bonds to mature. discuss order hn newest gruez|3 years ago Having to wait for the bonds to mature is arguably a haircut. Otherwise you can for example, justify a 10% haircut by saying that you can take that 10%, buy some 5 year treasuries with it, and get back your money once those bonds mature.
gruez|3 years ago Having to wait for the bonds to mature is arguably a haircut. Otherwise you can for example, justify a 10% haircut by saying that you can take that 10%, buy some 5 year treasuries with it, and get back your money once those bonds mature.
gruez|3 years ago