Japanese bank trust accounts set record with ¥3.16 trillion foreign bond purchases in May
17d ago· 1 min readenNews
Summary
Japanese pension fund proxies (bank trust accounts) purchased a record net ¥3.16 trillion ($19.7 billion) in foreign bonds during May, according to preliminary figures from Japan's Finance Ministry. This marks the largest monthly foreign bond buying on record by these institutional investors.
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Key quotes
· 1 pulledBank trust accounts bought a net ¥3.16 trillion ($19.7 billion) in May, preliminary figures from the Finance Ministry showed on Monday.
Bank trust accounts bought a net ¥3.16 trillion ($19.7 billion) in May, preliminary figures from the Finance Ministry showed on Monday.
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