UPDATE 1-Foreigners return to Canadian securities in Feb

Wed Apr 16, 2014 8:39am EDT
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(Adds sectoral breakdown)

* Foreigners buy C$6.08 bln in Canadian securities

* Sold C$4.28 bln in December, bought C$1.22 bln in January

* Bought C$2.18 bln bonds, led by fed govt business enterprises

* Buy C$2.33 bln in money market paper but sell fed govt paper

* Canadians buy C$6.03 bln in foreign securities

OTTAWA, April 16 (Reuters) - Foreigners returned in a big way to Canadian securities in February, acquiring C$6.08 billion ($5.53 billion) worth, after a modest C$1.22 billion purchase in January and a C$4.28 billion divestment in December.

Statistics Canada said Wednesday that February's purchases by foreigners were matched by C$6.03 billion of Canadian purchases of foreign securities, led by bonds and non-U.S. equities.

After two months of sales, foreigners bought C$2.18 billion of Canadian bonds in February. This was led by C$3.95 billion in purchases of federal government business enterprise bonds, the most since May 2009. (Examples of such enterprises are Export Development Canada and the Canadian Broadcasting Corp.)   Continued...