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tnyellowtomcat

03/11/23 8:37 PM

#431034 RE: jealmc79 #431032

J,

What bank(s) hold IDCC cash? Please tell us!

I would expect that the bulk of the $$ is held in short term Treasury securities.

With today's higher rates, I have seen comments by others about positive carry and contribution to earnings by the bond program.

Tomcat