FINWIRES · TerminalLIVE
FINWIRES

International Transactions in Securities Generate Net Inflow in Canada's Economy in July

By

International securities transactions resulted in a net CA$51.3 billion inflow into the Canadian economy in July, Statistics Canada said Thursday.

Canadian investors cut their international securities holdings by CA$30.6 billion, primarily by selling US equities and, to a lesser extent, US government bonds, the agency said.

International investors purchased CA$20.7 billion of Canadian securities in July, bringing total investment since January to CA$178.9 billion, StatsCan added.

The monthly inflow was driven primarily by strong demand for federal government bonds and, to a lesser extent, Canadian equities, while a sell-off in money market instruments partially offset the overall inflow.

International investors also bought CA$7.2 billion of Canadian equities in July, marking their largest monthly investment in Canadian shares so far this year.

What else is happening in Treasury?

Treasury

Publicis Groupe Prices Offering of EUR500 Million Notes Due 2030

Publicis Groupe (PUB.PA) priced its offering of 500 million-euro notes due September 2030 under its euro medium-term note program.The notes carry a fixed coupon of 4.125% per annum and are being issued by the French public relations group's unit MMS USA Holdings, according to a Wednesday release.Publicis Groupe will use the net proceeds to finance its purchase of US-based data collaboration network company LiveRamp.

$PUB.PA
Treasury

Guosen Securities Triggers Interest Payments on Perpetual Subordinated Bondholders

Guosen Securities (SHE:002736) triggered interest payment provisions across several tranches of its perpetual subordinated bonds following shareholder approval of an interim equity dividend, according to a Wednesday exchange filing, according to a Shenzhen bourse filing on Wednesday.Under the terms of the perpetual bonds, the brokerage is prohibited from deferring coupon payments if it distributes dividends to shareholders or cuts its registered capital within the 12-month period preceding an interest payment date.

SHE:002736
Treasury

Lancang River Hydropower Issues 1.5 Billion Yuan Commercial Paper

Huaneng Lancang River Hydropower (SHA:600025) completed the issuance of 1.50 billion yuan worth of super short-term commercial paper, according to a Thursday disclosure.The bonds have an interest rate of 1.41% and will mature in 172 days.

SHA:600025