Foreigners buy $22.1-billion in Canadian securities in October – FINANCIAL NEWS-ecozik.com
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Foreigners buy $22.1-billion in Canadian securities in October

Foreigners made their biggest purchase of Canadian securities in six months in October, including a record acquisition of corporate money-market paper.

Foreigners made their biggest acquisition of Canadian securities in six months in October, including a record acquisition of corporate money-market paper.

Net purchases totalled $22.1 billion, up from September’s $3.35 billion, Statistics Canada said Wednesday in Ottawa. Foreign investors bought $15.4 billion of bonds in October led by $10.2 billion of presidency securities.

Purchases of money-market paper totalled an internet $3.11 billion, together with a record $5.58 billion of short-term debt from private corporations. Global investors also divested $1.71 billion of paper from provincial and municipal governments.

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