Steven Kelly on the Challenges of Treasury Equity Funding for 13(3) Facilities
Macro Musings with David Beckworth
Navigating Equity Funding Challenges
This chapter examines the intricate issues surrounding equity funding from the Treasury, particularly in light of the banking turmoil of March 2023. It highlights the introduction of the Bank Term Funding Program and its implications for financial stability, bank collateral valuation, and the influence of political dynamics on fiscal decisions.
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