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0 pointstru3_power4y ago0 comments

Why exactly is the 2nd price higher? What purpose does that serve/what does it signal?

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skzv4y ago

I think it incentivizes banks to buy the securities from the Fed (to hold overnight). Otherwise why bother?

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0 pointstru3_power4y ago0 comments

Why exactly is the 2nd price higher? What purpose does that serve/what does it signal?

skzv4y ago

I think it incentivizes banks to buy the securities from the Fed (to hold overnight). Otherwise why bother?

j / k navigate · click thread line to collapse