Several Rounds Of Weekly Security Flows To Note

The latest weekly international security flow data revealed the largest round of foreign bonds by Japanese investors in the current fiscal year (Y1.9465tn). This came after 2 weeks of relatively modest net selling, allowing the 4-week rolling sum of the measure to extend further into net buying territory. Japanese investors also lodged net purchases of foreign equities (Y312.5bn) in latest week, breaking a streak of 4 consecutive weeks of net sales, although the 4-week rolling sum of the measure remains in negative territory.

• Foreign investors registered a second consecutive week of net purchases of Japanese bonds, albeit at a slightly slower pace vs. what was seen in the previous week (Y781.5bn), although the 4-week rolling sum moved further into negative territory after a large round of weekly net purchases dropped out of the sample. Foreign investors registered a second consecutive fresh FYtD high in terms of weekly net purchases of Japanese equities (Y1.421tn).