Japanese investors dump record amount of foreign bonds

  • Economy
  • Friday, 05 Mar 2021

TOKYO:Japanese investors sold a record amount of foreign bonds late last month, with banks seen dumping U.S. bonds, although market participants expect buying to resume when the new financial year starts next month.

Data from the Ministry of Finance showed this week Japanese investors sold a total of 3.6 trillion yen ($33.4 billion) of foreign bonds during the second and the third week of February.

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