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LearningThe Fed has introduced a 'Bank Term Funding Programme', which has USD 25bln of funds immediately available, and will allow banks to borrow from the Fed using Treasury bonds as collateral; the bonds will be valued at par.

Morning Market Report – 13 March 2023US President Biden says no losses will be borne by US taxpayers, and money will come from insurance fund fees Investors in banks will not be protected

Darren Krett

Monday 13 March 2023

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US President Biden says no losses will be borne by US taxpayers, and money will come from insurance fund fees Investors in banks will not be protected facebookUS President Biden says no losses will be borne by US taxpayers, and money will come from insurance fund fees Investors in banks will not be protected twitterUS President Biden says no losses will be borne by US taxpayers, and money will come from insurance fund fees Investors in banks will not be protected linkedin

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The Fed has introduced a 'Bank Term Funding Programme', which has USD 25bln of funds immediately available, and will allow banks to borrow from the Fed using Treasury bonds as collateral; the bonds will be valued at par.

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