08:26 AM EDT, 10/07/2025 (MT Newswires) -- The weekly analysis of flows into eurozone government bonds shows that, for the week ending last Friday, investors were net buyers of Germany's Bunds, France's OATs, and Spain's SPGBs, and net sellers of Italy's BTPs, said Societe Generale.
-- Bunds saw net buying over the week, continuing the trend of the previous two weeks, driven by non-domestic investors. Domestic investors were net sellers for four consecutive weeks. The net selling was primarily in the 20+y and 10-20y sectors, with insurers and banks being the most active investors. Non-domestic investors were net buyers, continuing the trend from the previous two weeks, mostly in the 20+y and 5-10y sectors, led by asset managers and insurers.
-- OATs experienced net buying, continuing the trend from the previous 13 weeks, driven by both domestic and non-domestic investors. Domestic investors were net buyers in the 10-20y and 20+y categories, led by asset managers and insurers. Non-domestic investors continued to buy for 11 consecutive weeks, led by pension funds and asset managers in the 10-20y and 5-10y categories.
-- BTPs saw net selling, reversing the trend of the previous 12 weeks, driven by non-domestic investors. Domestic investors were net buyers, maintaining the trend from the previous 30 weeks, mostly in the 2-5y category, led by banks and hedge funds. Non-domestic investors were net sellers, reversing the buying trend of the previous three weeks, driven by hedge funds and insurers in the 20+y and 2-5y segments.
-- SPGBs experienced net buying, extending the trend from the previous eight weeks, led by non-domestic investors. Domestic investors turned net sellers after being buyers for 22 consecutive weeks. The net selling was primarily in the 20+y sector, driven by banks. Nondomestic investors were net buyers, maintaining the trend from the previous eight weeks. Their net buying was mostly in the 10-20y and 2-5y categories, primarily driven by asset managers and insurers.