SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: edward miller who wrote (77812)3/24/2023 7:30:53 AM
From: The Ox2 Recommendations

Recommended By
ajtj99
Lee Lichterman III

  Respond to of 98121
 
Bank Term Funding Program

I was pulling Lee's leg about BTFD - which you can see was in his tweet instead of BTFP

The new balance sheet item (see link)
Message 34226111



To: edward miller who wrote (77812)3/24/2023 7:52:22 AM
From: Lee Lichterman III2 Recommendations

Recommended By
ajtj99
The Ox

  Read Replies (1) | Respond to of 98121
 
Bank Term Financing Program
Temporary 1 year loans to banks providing liquidity to counter customers withdrawing funds chasing higher yields.
The bank gives the Fed their treasuries that are in the hole they can't sell and the Fed gives them cash so they can survive bank runs.