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Originally Posted by twaddle
According to this article, the assets were valued at $30B as of March 14. I don't know exactly how they were valued, but it does seem safe to assume they weren't valued at par.
Bloomberg.com: Worldwide |
I wouldn't necessarily assume that is a safe bet, I do not see how the media could know. There are reports with many different conclusions out there. I hope you are correct and they were reasonably market priced. Maybe 85-90 cents on the dollar if they were decent assets non-MBS, or 20-50 cents on the dollar if they were MBS AA or AAA, something like that. Hopefully we will find out, I doubt they were priced like that, we will see.
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