JAPAN: Modest Net Flows In Latest Weekly International Security Flow Data
May-19 02:28
The latest round of weekly international security flow data out of Japan revealed flips in terms of the sign in front of the 4 major net flow metrics.
- Japanese investors were net buyers of foreign bonds for the first week since early April, although the 4-week rolling sum of the measure remains comfortably in negative territory.
- Foreign investors flipped to net buying of Japanese bonds after 3 consecutive weeks of net sales.
- Meanwhile Japanese investors sold foreign equities, bringing an end to 4 consecutive weeks of net buying, although net sales were light in absolute terms.
- Finally, foreign investors ended their run of 6 consecutive weeks of net purchases of Japanese equities.
- To reiterate, the net flows observed across the 4 major headline metrics were modest in absolute terms.
| Latest Week | Previous Week | 4-Week Rolling Sum | |
|---|---|---|---|
| Net Weekly Japanese Flows Into Foreign Bonds (Ybn) | 370.8 | -820.3 | -2685.1 |
| Net Weekly Japanese Flows Into Foreign Stocks (Ybn) | -57.4 | 404.8 | 1320.2 |
| Net Weekly Foreign Flows Into Japanese Bonds (Ybn) | 373.8 | -212.9 | -1658.6 |
| Net Weekly Foreign Flows Into Japanese Stocks (Ybn) | -342.9 | 78.8 | 833.2 |
Source: MNI - Market News/Bloomberg/Japanese Ministry Of Finance
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JGBS AUCTION: PREVIEW: Japanese MOF to sell JGBs with 5-15.5 Years until maturity in liquidity enhancement
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The Japanese Ministry of Finance (MOF) will today sell Y500bn of JGBs with 5-15.5 Years until maturity in a liquidity enhancement auction. JB#1-27, #95-162 & #347-365 will be on offer.
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