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Thursday, March 23, 2023

Central Bank Liquidity Swap Operations Alert! The Fed provides (6) 7-day loan operations totaling $590,500,000 in Central Bank Liquidity Swaps to: Swiss National Bank (3 loans for $107 million) and the European Central Bank (3 loans for $483.5 million).

 https://www.reddit.com/r/Superstonk/comments/11zwo85/central_bank_liquidity_swap_operations_alert_the/

I wonder what bank within the European Central Bank needs $483.5 million?

Remember, this is expensive money at (~5%) for these 7-day swaps.


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