Fyi..awareness! Credit Suisse Offers to buy 3 B
Post# of 123715
Credit Suisse Offers to buy 3 Billion Francs of its own debt
Credit Suisse Offers to Buy 3 Billion Francs of Its Own Debt https://www.bloomberg.com/news/articles/2022-...s-own-debt
Bad news for shorty! Will this have a ripple effect? Are dominoes about to fall?
#Banks
#Debt
#Inflation
#Interest
#Rate
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Quote:
If the broker-dealer fails to deliver for 13 days, the regulation imposes a “close out” duty to purchase and deliver securities “of like kind and quantity.”
https://www.bloomberg.com/opinion/articles/20...ify%20wall
https://www.scotusblog.com/case-files/cases/m...v-manning/