Why U.S. Bank issue large amount of bond in 2021Q1 and the relationship with SLR regulation
Some news said that some U.S. banks issue bonds so that they can be comfortable with the SLR ratio after the expiration of the SLR relief.
However, I'm wondering why did that can make the ratio better? How did it change the "Tier 1 cap" or "Total Leverage Exposure" in SLR calculation?
Moreover, when it comes to leverage ratio, aren't the deposits and bond all the liability for the banks? Why banks still issue more bonds?
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