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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.

Source

bskyJapanese bank trust accounts set record with ¥3.16 trillion foreign bond purchases in Mayebx.sh

Key quotes

· 1 pulled
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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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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