UPDATE 1-Foreigners slow purchases of Canadian securities in Oct
* Foreign investment nearly halved to C$4.41 bln
* Biggest divestment in money market since July 1994
* Led by retirement of federal T-bills
* Foreigners add bonds and stocks
* Canadians sell C$95 mln in foreign securities
OTTAWA, Dec 16 (Reuters) - Foreign investment in Canadian securities was roughly halved in October, with money market holdings slumping because of the retirement of federal T-bills but substantial investment being made in bonds and equities, Statistics Canada said on Monday.
Net foreign investment fell to C$4.41 billion ($4.16 billion) from C$8.29 billion in September.
Foreigners made their largest divestment in money market instruments since July 1994, reducing their holdings by C$6.16 billion after C$12.42 billion of investment over the previous six months. They made net sales of federal treasury bills of C$5.21 billion. Continued...