T-Bonds for credit line

Hi All,

I am looking for a solution to get credit line against T-Bonds. Verifyable at Bloomberg. I can manage the access to Bloomberg's screen during verification.US treasury bonds are AAA rated, but some banks wouldn't take a risk to issue a bank guarantee or L/C against that. What is the solution, than? I appreciate any help.

Csaba

Reply to
Csaba Halasz
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Deposit the treasuries as collateral into a broker's margin account.

Tony

Reply to
Anthony R. Gold

Thank you, Tony!

Csaba

Reply to
Csaba Halasz

Tony,

My client informed me, that the securities are corporate bonds, but asset backed. Assets are: the T-Bonds. this may look complicated. Corporate bonds are AA rated. Can I do the same thing with them as in a simple T-Bonds case? If yes, can you please suggest a broker company, where I can deposit these bonds? The value is high.

Thanks in advance,

Csaba

Reply to
Csaba Halasz

The question is whether those securities are marginable, a decision that is governed in the USA by the Federal Reserve Board. Your client should approach his broker who will quickly confirm whether they are suitable and acceptable.

Tony

Reply to
Anthony R. Gold

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