Money market funds and equities saw almost similar inflows, BofA's latest fund flow statistics showed on Friday, in a puzzling investment trend amid rising concerns over a dialling back of stimulus by central banks.
Investors see less risk in Alberta's bonds, brushing aside a recent credit rating downgrade, as surging energy prices boost the outlook for the province's finances and oil sands operators begin to address the sustainable investment trend.
Safe-haven assets such as cash and gold funds drew investors during the week to Wednesday, BofA's fund flow statistics showed on Friday, a sign of growing concern over inflation and the potential roll back of central bank stimulus.
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JERUSALEM, April 21 (Reuters) - Israel is prepared to tap international markets for a benchmark-sized sovereign debt offering in 2021 with the timing and size still to be determined and dependent on market conditions, the country’s accountant general said.
The issue will most likely be euro-denominated after large dollar-denominated offerings in 2020. Israel typically alternates between dollar and euro every year, and the bonds typically attract a huge number of foreign, thanks to the country’s relatively strong economy.
“We do both dollar and euro but right now the euro market is more attractive,” Accountant General Yali Rothenberg said in response to a question from Reuters on bond issues.