(Bloomberg) -- Japanese investors' net purchases of overseas bonds rose to the highest in five months as they stepped up buying of high-yielding assets at the start of the fiscal year.
Investors bought 653.4 billion yen ($5.5 billion) in foreign bonds and notes on a net basis in the week ended April 21, the most since 959.7 billion yen in net purchases in the week ended Nov. 11, the Ministry of Finance said today in Tokyo. The third consecutive week of buying was an increase from the previous week's 434 billion yen in net purchases, according to MOF data.
Read more at Bloomberg Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment