The relatively low turnover of mortgage- backed securities in Australia reflects the fact these securities are held by long- term investors rather than short- term traders.

Question

Quizplus · Accepted Answer

The low turnover of mortgage-backed securities in Australia is due to their appeal to long-term investors, who prefer to hold these securities for their steady income and stability, rather than trading them frequently.

The Relatively Low Turnover of Mortgage- Backed Securities in Australia