Bassel Hajj Chehade

[Bassel Hajj Chehade @BasselHajj]

@riachi_jean And in the absence of an explicit and unencumbered gold backstop, should we expect these instruments to trade at a significant discount due to credibility and liquidity risk?

[Bassel Hajj Chehade @BasselHajj]

@riachi_jean If the USD 35bn owed to large depositors is repaid through long-dated treasury bonds, can these bonds realistically be considered liquid assets for depositors?
Will they be freely tradable on a secondary market in the short to medium term, and how will they be valued at issuance?