... debt-to-asset ratio of at least 75 percentAbout 60 percent of HLT funds are used to finance LBOs 1 Chapter 17Commercial Bank OperationsFinancial Markets and Institutions, 7e, Jeff MaduraCopyright ... securitiesIn the 1990s, banks used a relatively high proportion of their funds for loansIn 2 002, banks reduced their loans while increasing their investment in securities 14Bank Sources...