07:00 AM EDT, 03/24/2026 (MT Newswires) -- The weekly analysis of flows into eurozone government bonds shows that, for the week ended last Friday, investors were net buyers of all sovereign bonds -- Germany's Bunds, France's OATs, Italy's BTPs and Spain's SPGBs, said Societe Generale.
-- Bunds saw net buying over the week, continuing the trend from the previous four weeks and driven by both domestic and non-domestic investors. Domestic investors were net buyers, extending the buying momentum from the prior eight weeks, with activity concentrated in the 5-10y and 0-2y sectors, where banks and asset managers were the most active participants. Non-domestic investors were also net buyers for the fifth consecutive week, primarily in the 5-10y and 10-20y sectors, led by banks and asset managers.
-- OATs experienced net buying, continuing the trend observed over the previous four weeks and driven by both domestic and non-domestic investors. Domestic investors were net buyers for the ninth consecutive week, with activity concentrated in the 20y+ and 10-20y segments, led primarily by insurers and asset managers. Meanwhile, non-domestic investors were also net buyers for the fifth consecutive week, driven by banks and hedge funds, with demand focused
mainly in the 2-5y and 5-10y maturities.
-- BTPs saw net buying, continuing the trend from the previous four weeks and driven by both domestic and non-domestic investors. Domestic investors turned net buyers, extending the buying trend of the past two weeks, with activity concentrated mainly in the 5-10y and 20y+ segments, led by banks and insurers. Non-domestic investors were also net buyers, continuing the buying trend of the past nine weeks, driven primarily by banks and asset managers in the 2-5y and 5-10y segments.
-- SPGBs saw net buying, continuing the buying trend from the previous two weeks and driven by both domestic and non-domestic investors. Domestic investors were net buyers, extending the buying trend seen over the last two weeks, with activity concentrated in the 20y+ sector and driven primarily by insurers and banks. Non-domestic investors turned net buyers after three weeks of net selling, with activity focused mainly in the 10-20y and 20y+ categories and driven largely by hedge funds.