(w pełnym edytorze)...Tu trochę o zakupach Japońskich obligacji... - jak widać Polski tu nie ma
MoF flow data for week-ended Nov 24 show flows into foreign bonds subsiding.
Japanese bought net Y115.3 bln foreign bonds, Y401.9 bln previous week.
Japanese sold net Y19.8 bln and Y69.4 bln in foreign stocks, bills.
Foreign investors bought Y275.6 bln Japanese stocks but sold bonds, bills
Bond net sales only Y51.2 bln but bills whopping Y1.5786 trln in reversal.
Tokyo November 29 Flow data from Japan's MoF for the week-ended November 24 showed Japanese interest in foreign bonds abating. Perhaps it was the weaker yen or completion of investment intentions for the calendar year, net purchases were relatively small. That said, November will again see rather large net purchases though perhaps not to the extent seen in previous months. Of interest is the changing nature of Japanese retail investor interest. USD and AUD remain the most popular with issuance in the latter, straight or dual-currency issuance, showing no signs of abating. TRY, RUR, IDR and MXN remain popular though absolute amounts remain on the small side. BRL and ZAR issues also look to be making a comeback, perhaps more to sop up those maturing or up for redemption. Volume was rather low in stocks and bills but large again in bonds with sales of Y1.5399 trln against purchases of Y1.6522 trln. On the other side of the ledger, foreign investors look to have divested the bills bought in the previous week. Net purchases of Y1.0362 trln were seen then, and the reversal suggest short-term plays were unwound with many offshore players like their Japanese counterparts locking in profits and paring positions taken on exhilaration over the very possible LDP win at the polls December 16 and very reflationary policies. Volume was high in two of the three asset categories with stocks purchases of Y3.2982 trln against sales of Y3.0226 trln and bills Y2.8820 trln against Y4.4605 trln. Bonds saw purchases of Y835.0 bln against sales of Y886.1 bln.
