RBA’s Debelle Speaks in Sydney

Written February 15, 2010 at 9:27 PM EST by  

RBA Assistant Governor Debelle made the following comments:

  • Securitization markets show signs of life.
  • RBA will maintain eligible collateral.
  • Financial system risks still exist.
  • Most concerned with 2nd tier of U.S. financial system.
  • More loan losses to come in North Atlantic.
  • Asian bank balances remain sound.
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