Post
Lawrence Lepard @LawrenceLepard ยท Mar 26, 2023
  • From Twitter

Excellent stuff from James. Great point that cost of BTFP is OIS swap rate of 4.38% which is less than current Overnight rate (4.83%) or Fed Funds (5.0%). What a gift to the banks. Program will grow huge!

Recommended by 1 person
1 mention
Share on Twitter Repost
Replies
Reply
No replies yet