FED結束QT(緊縮)，貨幣政策換個名字轉向寬鬆

Borrower Eligibility: Any U.S. federally insured depository institution 

or U.S. branch or agency of a foreign bank that is eligible for primary 

credit is eligible to borrow under the Program.

Eligible Collateral: Eligible collateral includes any collateral 

eligible for purchase by the Federal Reserve　Banks in open market 

operations , provided that such collateral was owned bythe borrower 

as of March 12, 2023.

此舉［美國］銀行業者可以將手中現有的債券進行融通互換套利，２年期美債為例：現有手中的美債可全數抵押給FED，原始票面價值現金；原本手中債券８～９成拋售都列為未實現損失，3/12~直接變成現金，等同於是將250億美元直接打入銀行端資產負債表中的股東權益的淨值中。