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Offshore Investors Sell Local Bonds For 5th Straight Week

JAPAN DATA

Offshore buying of Japan equities recovered some ground in the week ending August 11. We saw net inflows of ¥227.2bn, versus a modest outflow from the week prior. This pace of inflow is still down on what we saw through the Q2 period. Offshore investors continued to sell local debt though, with a further -¥871.1bn in outflows. This was down on the prior week, in terms of pace of outflows, but still marked the fifth straight week of outflows.

  • In terms of Japan outbound flows. Offshore purchases of both bonds and equities were negative last week, see the table below.

Table 1: Japan Weekly Investment Flows

Billion YenWeek ending August 11Prior Week
Foreign Buying Japan Stocks 227.2-59.6
Foreign Buying Japan Bonds -871.1-1964.1
Japan Buying Foreign Bonds-334.61119.5
Japan Buying Foreign Stocks-54.7-352.2

Source: MNI - Market News/Bloomberg

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