International buyers in C$ rises by $29.3B vs $10.33B final month (revised from $9.97B)

• International buyers elevated their publicity to Canadian securities by $29.three billion in September (largest funding since April) vs 10.33 prior month (revised from 9.97B..
• Canadian acquisitions of international securities slowed to $four.14 billion in September (down from $12.three billion in August).
• Worldwide transactions in securities generated a web influx of $25.2 billion within the Canadian financial system in September.
• Whole web influx for the third quarter amounted to $30.6 billion.

Particulars:

Canadian debt securities:

• International acquisitions totaled $14.7 billion, largely in bonds.
• 12 months-to-date bond acquisitions reached $172.zero billion in 2024 (up from $61.9 billion in 2023).

Personal company bonds:

• International buyers added $10.1 billion in September, primarily in new bonds by monetary establishments denominated in foreign exchange.
• Federal authorities bond holdings elevated by $2.7 billion (lowest month-to-month funding in 2024).

Canadian shares:

• Non-residents invested $14.6 billion in Canadian shares in September (largest since December 2021).
• Funding adopted a divestment of $11.9 billion in August.
• 12 months-to-date international divestment in Canadian shares totaled $9.7 billion (down from $40.7 billion in 2023).

• Market efficiency:

  • Canadian share costs (S&P/TSX composite index) elevated by 2.eight% in September.

International securities acquisition slowed:

• Canadian buyers acquired $four.1 billion of international securities in September (down from $12.three billion in August).

International debt securities:

• Added $four.four billion to holdings, together with $6.6 billion in bonds.
• US authorities bond funding totaled $three.5 billion (rebounding from a $three.9 billion divestment in August).

International shares:

• Lowered publicity by $296 million in September (after a $15.5 billion funding in August).
• US fairness holdings decreased by $1.2 billion (following a $12.7 billion funding in August).

Market efficiency:

• US share costs (S&P 500 composite index) elevated by 2.zero% in September.

Financial institution of Canada lowered its coverage price to four.25% in September (down from four.5%). Coverage price has been lowered by 75 foundation factors since January.

This text was written by Emma Wang at www.ubaidahsan.com.



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