Foreign investors buy assets of $664M in one week


Foreign investors purchased bonds and stocks worth $663.7 million in the week of Aug. 12.

The market value of the stocks and government debt securities (GDS) owned by foreign investors, who had left the market in significant numbers immediately after the July 15 failed coup attempt, has increased. According to the Central Bank of the Republic of Turkey's (CBRT) weekly bulletin, the amount of stock shares increased to $42.6 billion, up from $40.4 billion in the previous week, whereas the amount of government bonds previously worth $34.8 billion rose to $36.2 billion.

In the same period, repurchase agreements (REPOs) rose from $3.5 billion to $3.6 billion. Private sector bonds and bills came to $1.4 billion from $988.4 million.

When calculated as adjusted from market prices and exchange rate movements, the price of stock shares increased by $186.2 million, whereas when adjusted from government bonds a $477.5 million increment occurred. While there was an increment in the value of the repurchase agreements of $1.5 million, the private sector bonds and bills saw an increase of $15.6 million.