News: NAB, Westpac borrowed from Fed , page-14

  1. 3 Posts.
    I thought I read that the Australian Reserve Bank borrowed around 53 Billion at the same time as the NAB and Westpac.
    You would think all of these are "market sensitive" things to shareholders and Australian citizens. I dont know but is the ARB a private company like the US Federal Reserve.
    These are really big issues and I see us heading the same path as the US, a lot of disinformation or no information and bailing out the top end of town. What did the ARB do with 53B and who pays it back?
    Bushboy
 
watchlist Created with Sketch. Add NAB (ASX) to my watchlist
(20min delay)
Last
$35.33
Change
-0.440(1.23%)
Mkt cap ! $109.3B
Open High Low Value Volume
$35.65 $35.68 $35.15 $101.1M 2.859M

Buyers (Bids)

No. Vol. Price($)
2 6221 $35.32
 

Sellers (Offers)

Price($) Vol. No.
$35.34 28306 3
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
NAB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.