Silicon Valley Bank Failure – Lessons in Interest Rate Risk Management
South State Correspondent
MARCH 13, 2023
More importantly, the bank’s held-to-maturity (HTM) securities portfolio was $91.3B at the end of 2022, and the bank’s filing shows that the mark-to-market loss on the HTM portfolio was over $15B, almost equal to the bank’s equity base, thereby, making the bank economically insolvent.
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