Year-to-date purchases of Government of Canada bonds by global investors have reached an unprecedented $49.7 billion.
Record year-to-date acquisitions of Government of Canada bonds by foreign investors come amid a general frenzy for Canadian bonds both government and corporate. Global investors’ enthusiasm for Canadian bonds continued its rapid pace in May, with year-to-date acquisitions of Government of Canada bonds at a record high, according to the latest Statistics Canada data.
The GoC bond purchase record comes amid a general frenzy for Canadian bonds both government and corporate. Year-to-date purchases reached $110 billion, the second-highest total on record. The 2024 amount, National Bank Financial Markets rates strategists Warren Lovely and Taylor SchleichCanadian investors, meanwhile, bought a net $3.9 billion worth of international securities in May, following an April where retreating markets saw Canadians sell $11.
"This has the non-resident ownership share of GoC bonds climbing steadily, topping 36 per cent and edging ever closer to a record ownership share."
Foreign Investment Justin Sullivan Government Of Canada Canadian Bonds Goc Warren Lovely
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