07:24 AM EDT, 06/25/2025 (MT Newswires) -- The weekly analysis of flows into eurozone government bonds shows that, in the week ending last Friday, investors were net buyers of Germany's Bunds, France's OATs, Italy's BTPs and Spain's SPGBs, said Societe Generale.

-- Bunds saw net buying over the week, reversing the trend of the previous week, driven by both domestic and non-domestic investors. Domestic investors were net buyers for the second consecutive week. The net buying was primarily in the 20y+ and 5-10y sectors, with insurers and asset managers being the most active. Non-domestic investors were also net buyers, reversing the trend of the previous week, mostly in the 2-5y sector, led by banks and insurers.

-- OATs experienced net buying, continuing the trend of the previous nine weeks, driven by domestic investors. Domestic investors were primarily net buyers in the 10-20y and 5-10y categories, led by asset managers and insurers. The net buying by non-domestic investors continued the trend of the previous nine weeks, spearheaded by banks and hedge funds in the 5-10y category.

-- BTPs saw net buying, continuing the trend of the previous 10 weeks, driven by domestic investors. Domestic investors were net buyers, maintaining the trend of the previous 15 weeks, mostly in the 20+y and 5-10y categories, led by banks. Non-domestic investors were net sellers, reversing the trend of the previous two weeks, driven by hedge funds and insurers in the 20+y segment.

-- SPGBs experienced net buying, extending the trend of the prior eight weeks and led by both domestic and non-domestic investors. Domestic investors' net buying continued the trend of the previous seven weeks and was primarily in the 10-20y and 20y+ sectors, driven by insurers and banks. Non-domestic investors were net buyers, maintaining the trend of the previous 10 weeks.

Their net buying was mostly in the 10-20y and 5-10y categories, primarily driven by asset managers and hedge funds.