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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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WTVB broke the news in on Tuesday, September 12, 2023.
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