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Philip Bayley
Industry Fellow, Monash University

About Philip Bayley

articles by Philip Bayley

27 Apr 2016

The moving parts of Australian bank wholesale funding costs

Philip Bayley | Industry Fellow, Monash University

The cost of debt raised by Australian banks in wholesale funding markets has been steadily rising over the last 12 months but the trend has only achieved prominence since the beginning of 2016, particularly as banks have made some so-called ‘out-of-cycle’ rate.