Published 3 months ago

US looks to offload $13 billion of mortgage bonds seized from SVB, Signature – Bloomberg News

Summary by Ground News

The government is looking to offload nearly $13 billion of mortgage bonds it amassed from Silicon Valley Bank and Signature Bank. The bonds were part of the $114 billion of assets that the Federal Deposit Insurance Corp (FDIC) picked up when it took over SVB and Signature earlier this year.

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Independent.ie

US seeks to offload $13bn in mortgage bonds from failed banks

The US government has been looking at ways to offload nearly $13bn (€12bn) of mortgage bonds it amassed from failed lenders Silicon Valley Bank and Signature Bank, according to people with knowledge of the transactions.

3 months ago·Ireland

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Inquirer

US looks to offload $13B of mortgage bonds seized from SVB, Signature

The U.S. government is looking to offload nearly $13 billion of mortgage bonds it amassed from Silicon Valley Bank and Signature Bank following the collapse of the lenders, Bloomberg News reported on Tuesday, citing people with knowledge of the transactions. The bonds were part of the $114 billion of assets that the Federal Deposit Insurance

3 months ago·Manila, Philippines

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WTVB

US looks to offload $13 billion of mortgage bonds seized from SVB, Signature – Bloomberg News

(Reuters) - The U.S. government is looking to offload nearly $13 billion of mortgage bonds it amassed from Silicon Valley Bank and Signature Bank following the collapse of the lenders, Bloomberg News reported on Tuesday, citing people with knowledge of the transactions. The bonds were part of the $114 billion of assets that the Federal Deposit Insurance Corp (FDIC) picked up when it took over SVB and Signature earlier this year, according to…

3 months ago

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