Tuesday, September 20, 2022
HomeWealth ManagementCanadian bonds again in trend for overseas traders

Canadian bonds again in trend for overseas traders


Overseas traders resumed their curiosity in Canadian bonds in July, shopping for nearly $15 billion price following a divestment of virtually $18 billion in June.

Statistics Canada has launched its newest knowledge on worldwide investments, which additionally reveals that Canadian traders purchased $4.3 billion in overseas securities in July, marking a pointy turnaround from the $14.6 billion divested in June.

US authorities bonds have been the large buy, amounting to $5.2 billion, the most important funding to date in 2022. 12 months-to-date purchases totalled $13.3 billion. In the identical interval of 2021, there was a divestment of $354 million.

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