Fed: Bank Term Funding Program is big enough to cover all US uninsured deposits

Fed: Bank Term Funding Program is big enough to cover all US uninsured deposits

FED: BTFP IS BIG ENOUGH TO COVER ALL US UNINSURED DEPOSITS
— FxMacro (@fxmacro) March 12, 2023

Added at 7:21pm

Federal Reserve: Bank Term Funding Program Is Big Enough To Cover All US Uninsured Deposits
- Acting As Lender Of Last Resort, No One Getting Bailed Out
- New Facility Designed To Prevent Treasury Firesales
- Emergency Facility Was Approved Unanimously By Board
— LiveSquawk (@LiveSquawk) March 12, 2023

Added at 7:26pm

FEDERAL RESERVE OFFICIALS: THE TWO FAILED BANKS' OWNERS WILL LOSE THEIR INVESTMENTS.
— Breaking Market News (@financialjuice) March 12, 2023

Added at 7:27pm

Federal reserve officials: there is no definitive figure for what will be available in facility lending; the goal is to meet bank liquidity demand as it arises.
— BTBMarkets (@BTBMarkets) March 12, 2023

Added at 7:28pm

FEDERAL RESERVE OFFICIALS: SYSTEMIC RISK WAS PERCEIVED AS A THREAT IN TODAY'S FRAGILE FINANCIAL MARKETS.
— Breaking Market News (@financialjuice) March 12, 2023

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Comment #1
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Mar 12, 2023 7:27pm Mar 12, 2023 7:27pm

Guest
| IP XX.XX.225.232

Great.. All the banks with competent CEO's and leadership , will get another BIG bill from the FDIC to cover the losses of these idiots at SVB. ( We got a big one after 2008 too)

Comment #2
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Mar 12, 2023 8:11pm Mar 12, 2023 8:11pm

makebillions
| Joined Apr 2020 | Status: Member | 23 Comments

Another bravo moment

Comment #3
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Mar 12, 2023 8:27pm Mar 12, 2023 8:27pm

yieldjunkie
Joined Dec 2020 | Status: Member | 162 Comments

WOAH! Failure and save visible across no more than three trading days. Wild stuff

Comment #4
Quote
Mar 12, 2023 8:52pm Mar 12, 2023 8:52pm

The Fool
Joined Apr 2009 | Status: Live and learn. | 1671 Comments | Online Now

I still want my helicopter cash.

"If The Fool persists in his Folly he will become wise." - William Blake

Comment #5
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Mar 12, 2023 9:15pm Mar 12, 2023 9:15pm

Goat
Joined Jan 2009 | Status: LFG ROSS | 760 Comments

Buckle up!

Comment #6
Quote
Mar 13, 2023 5:49am Mar 13, 2023 5:49am

aquavox
| Joined Nov 2012 | Status: Member | 527 Comments

Of course it will always be "big" enough - just print more cash

Old Dog Kiwi

Comment #7
Quote
Mar 13, 2023 2:33pm Mar 13, 2023 2:33pm

COGSx86
Joined Dec 2013 | Status: Member | 465 Comments

Still does not mean the new small startup businesses wont g0o bankrupt.

Learn, a forex trader must, unlearn and relearn he will.

Story Stats

Posted: Mar 12, 2023 7:21pm
Submitted by:
Newsstand

Category: High Impact Breaking News

Comments: 7 / Views: 9,662
Linked event:
USD Fed Announcement