Foreigners Buy $6.08 Billion of Canada Securities in February

April 16 (Bloomberg) -- Foreigners increased holdings of Canadian securities in February, led by bonds issued by government agencies such as Canada Mortgage & Housing Corp.

Purchases totaled a net C$6.08 billion ($5.53 billion) as investors added C$3.94 billion of agency bonds, the largest purchase of such securities since May 2009, Statistics Canada said today in Ottawa. Net purchases of bonds totaled C$2.18 billion, following two months of divestments.

Non-Canadians also purchased a net C$2.33 billion of money-market paper in February and C$1.57 billion of equities.

Canadians purchased C$6.03 billion in foreign securities in February, led by bonds. It was the biggest net purchase of foreign securities since November.

To contact the reporter on this story: Andrew Mayeda in Ottawa at amayeda@bloomberg.net

To contact the editors responsible for this story: Paul Badertscher at pbadertscher@bloomberg.net