Not all of a banks investment securities can be sold immediately. Some securities, such as U.S. Treasury
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Not all of a bank’s investment securities can be sold immediately. Some securities, such as U.S. Treasury securities and municipals, can be pledged against certain types of borrowing by the bank and, therefore, must remain on the bank’s books until the debt obligation is removed or another security is pledged as collateral.
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Related Book For 
Financial Markets And Institutions
ISBN: 9781259919718
7th Edition
Authors: Anthony Saunders, Marcia Cornett
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