tag:blogger.com,1999:blog-5908830827135060852.post1278518482828517237..comments2024-03-29T02:54:56.523-04:00Comments on Bond Economics: Banking Debate Woes (Part I)Brian Romanchukhttp://www.blogger.com/profile/02699198289421951151noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5908830827135060852.post-4832388061343040222022-04-20T15:00:28.834-04:002022-04-20T15:00:28.834-04:00Thanks. I never paid much attention to the details...Thanks. I never paid much attention to the details of banker’s acceptances, but I believe they were a major work horse?Brian Romanchukhttps://www.blogger.com/profile/02699198289421951151noreply@blogger.comtag:blogger.com,1999:blog-5908830827135060852.post-17350222871723169052022-04-20T10:06:34.914-04:002022-04-20T10:06:34.914-04:00a fine post - I left the TD funding desk just befo...a fine post - I left the TD funding desk just before the pandemic but as of that time, there was no Canadian interbank lending/borrowing via interbank brokers (they only do repo) - cad banks can all each other directly but that happened only very rarely (once another cad bank called us to borrow $1billion late on Christmas Eve Friday and all the senior credit folks had left for the 5day weekend, and I think we ended up getting permission from the vice-chair who had credit-lines in his group) - the GFC was a hairy time for surefrank.mcgillicuddyhttps://www.blogger.com/profile/10663691698358179583noreply@blogger.com