07:28 AM EDT, 08/27/2024 (MT Newswires) -- The weekly analysis of flows into eurozone government bonds (EGB) shows that in the week ending last Friday, investors

were net buyers of Germany's Bunds, France's OATs, Spain's SPGBs and Italy's BTPs.

-- Bunds saw net buying over the week, driven by domestic investors. Domestic investors were mostly net buyers of the 2-5y and 20+y sectors, fuelled by asset managers and insurers.

Non-domestic investors were marginally net sellers, mostly due to hedge funds and pension funds in the 5-10y sector.

-- OATs saw net buying, led by domestic investors. Domestic investors were primarily net buyers of the 2-5y category, driven by banks. Non-domestic investors' net selling was a reversal of the trend seen in the previous week and was fuelled by hedge funds in the 10-20y and 20+y sectors.

-- BTPs saw marginal net buying, driven by both domestic and non-domestic investors. Domestic investors bought bonds mostly in the 10-20y and 0-2y sectors, with banks being the main buyers. Non-domestic investors were also net buyers of BTPs, especially in the 5-10y segment, where asset managers and banks were the main buyers.

-- SPGBs saw net buying, driven by both domestic and non-domestic investors. Domestic investors' net buying continued the trend seen over the previous ten weeks. They were buyers of all

categories of Spanish sovereign bonds but primarily in the 20+y and 10-20y sectors, driven by asset managers and insurers. Non-domestic investors were also net buyers, continuing the trend seen

over the previous seven weeks. The highest amount of net buying was in the 10-20y category, driven by asset managers and hedge funds.