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by insonable 1189 days ago
Domestic-focused banks with over $250B in assets need to comply with the Basel III inspired (I think?) LCR of enough high-quality liquid assets to cover 30 bad days of withdrawals. What is the requirement for banks under $250B? Another Q would be, did they sell their extension-risk suffering bond portfolio because those bonds didn't qualify as HQLA? I mean they'd seem to me to be liquid and high-quality just as they were, but any sales would harm their balance sheet right?