12:27 PM EDT, 06/03/2025 (MT Newswires) -- The weekly analysis of flows into eurozone government bonds shows that in the week ended last Friday, investors were net buyers of Germany's Bunds, France's OATs, Italy's BTPs and Spain's SPGBs, said Societe Generale.

-- Bunds saw net buying over the week, continuing the trend of the previous two weeks, driven by non-domestic investors. Domestic investors were net sellers after being buyers for 20 straight weeks. The net selling was mainly in the 20+y sector, with banks being the most active. Non-domestic investors were net buyers, continuing the trend of the previous two weeks, mostly in the 20+y and 2-5y sectors, led by asset managers and pension funds.

-- OATs saw net buying, continuing the trend of the previous six weeks, driven by both domestic and non-domestic investors. Domestic investors were primarily net buyers of the 5-10y category, led by asset managers. The net buying by non-domestic investors was a continuation of the trend of the previous six weeks and was spear-headed by asset managers in the 20+y and 2-5y

categories.

-- BTPs saw net buying, continuing the previous seven weeks' trend, driven by domestic investors. Domestic investors were net buyers, continuing the trend of the previous 12 weeks, mostly in the 5-10y and 10-20y categories, led by asset managers. Non-domestic investors were net sellers, continuing the trend of the previous week, driven by banks and hedge funds in the

20+y and 2-5y segments.

-- SPGBs saw net buying, extending the trend of the prior five weeks and led by both domestic and non-domestic investors. Domestic investors' net buying was a continuation of the trend of the previous four weeks and was primarily in the 5-10y and 20+y sectors, driven by asset managers and insurers. Non-domestic investors were net buyers, maintaining the trend of the previous seven weeks. Their net buying was mostly in the 20+y and 5-10y categories, and mainly driven by asset managers and hedge funds.

http://www.mtnewswires.com
Copyright © 2025 MT Newswires. All rights reserved. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.