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Under your definition they can just hold the bonds to maturity to be solvent.

But you can't "just hold to maturity"; you are obligated to pay back deposits on demand.

Obviously not in reality, but their (wrong) definition refers to ‘time to do so’.

>> time to do so, thats the definition of being illiquid, not insolvent.

i said time is about liquidity, not solvency. i never said gaining money in the future makes you solvent in the past.