Canadians make largest funding in overseas securities up to now this yr

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The highest goal for Canadian buyers was US authorities bonds with publicity up $8.9 billion. This adopted two months of divestment and displays a rise in US long-term rates of interest.

In the meantime, $4.6 billion was directed at non-US overseas bonds, largely overseas governments and worldwide organizations, however Canadians lower their publicity to overseas equities (largely non-US) by $1.6 billion.

Canada seen nearly as good wager

International buyers centered on Canadian authorities cash market devices in June, including $8.4 billion price to the document $11.4 billion they acquired in Could, as Canadian rates of interest have been hiked with short-term charges at their highest for greater than 20 years.

International buyers acquired a complete $36.5 billion in Canadian securities within the second quarter.

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