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by dudurocha 3389 days ago
Gold as a commodity (bonds). Gold bars are not liquid.
1 comments

Bonds can be considered cash equivalents if they have short maturity.

Gold is highly liquid, and from what I've read, it can be considered (in bullion) cash equivalents, except for banks, that due to Base 3 regulations can only consider part of their gold holdings as cash equivalent for liquidity purposes.