Debelle questions shift towards secured funding

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Guy Debelle, an assistant governor at the Reserve Bank of Australia, on Monday said that despite the large decline in unsecured lending and a move towards secured forms of finance, a diverse range of funding instruments is still needed to balance financial markets.

At the Australian Securitisation Forum in Sydney, Australia, Debelle said: "There is a clear preference on the part of investors in the current risk-averse climate for secured investments. A number of financial institutions

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