itsLiran on Nostr: I want to see more details about it, but I don't think this is a bailout like we've ...
I want to see more details about it, but I don't think this is a bailout like we've seen in the past.
They're not bailing out the business per-se... but will be interesting to see what the terms are.
The bank holds a bunch of bonds, and if you hold those to maturity you get all of the capital back... you're just missing out on the additional 2-3% APR since rates are steadily climbing. But you're not losing on principal.
They're not bailing out the business per-se... but will be interesting to see what the terms are.
The bank holds a bunch of bonds, and if you hold those to maturity you get all of the capital back... you're just missing out on the additional 2-3% APR since rates are steadily climbing. But you're not losing on principal.