And investors are less money into debt securities.

投资者越来越少向有价证券投资.

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The less risky debt securities are mostly held by institutional investors and large investors.

对风险较低的债券大多是由机构投资者持有和大型投资者.

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At the end of 2001, the outstanding balance of HKMC's debt securities stood at $ 20.1 billion.

二零零一年年底, 按揭证券公司的未偿还债务证券总额达201亿元.

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