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UPDATE 1-Foreigners snap up Canadian securities for fourth straight month

Published 2016-06-16, 08:41 a/m
© Reuters.  UPDATE 1-Foreigners snap up Canadian securities for fourth straight month

(Adds data, background)
OTTAWA, June 16 (Reuters) - Foreign investors bought a net
C$15.52 billion ($11.94 billion) in Canadian securities in
April, the fourth straight month of relatively significant
purchases, Statistics Canada said on Thursday.
Non-residents snapped up C$7.45 billion worth of Canadian
bonds, with most of the investment taking place in new corporate
bonds denominated in non-Canadian currencies.
Foreigners also bought C$6.04 billion in money market paper,
most of it denominated in non-Canadian currencies, and C$2.02
billion worth of stocks.
Canadian investors bought C$4.67 billion in foreign
securities, the third consecutive month of investment, most of
it accounted for by C$3.67 billion worth of bond purchases.
($1=$1.30 Canadian)

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Graphic - Canada economic dashboard http://graphics.thomsonreuters.com/15/sc-canada/index.html

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