> Any bank will hit liquidity issues on a full-on bank run, as not 100% of a banks assets will be marketable, but central banks will provide emergency liquidity in these situations

That was not the case in the US for banks with HTM assets until the backstop program announced by the Fed in the wake of the SVB collapse.

> But banks should not hit insolvency issues like SVB did

SVB’s liquidity issues turned into solvency issues because of the absence of a liquidity backstop.