- Analytics
- News and Tools
- Market News
- Foreign acquisitions of Canadian securities reached $15.8 billion in October
Foreign acquisitions of Canadian securities reached $15.8 billion in October
Foreign acquisitions of Canadian securities reached $15.8 billion in October, above the monthly average investment of $13.7 billion from January to September. The activity was mainly concentrated in Canadian debt securities issued by private corporations, both short- and long-term instruments.
Non-resident investors resumed their acquisitions in the Canadian money market by adding $7.7 billion worth to their holdings in October, following a $5.4 billion divestment in September. Foreign acquisitions of private corporate paper accounted for the bulk of the investment, reaching a record $6.8 billion, mainly paper denominated in foreign currencies. Canadian short-term interest rates were down slightly and the Canadian dollar depreciated against its US counterpart by 1.7 US cents in the month.
Foreign investment in Canadian bonds slowed to $6.3 billion in October. Foreign acquisitions of Canadian private corporate bonds amounted to $5.0 billion, mainly new issues denominated in foreign currencies. This followed an investment of $11.1 billion in these instruments in September.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
