July 9, 2018 / 12:07 AM / 5 months ago

Japanese investors sold large amount of German, U.S. bonds in May

TOKYO, July 9 (Reuters) - Japanese investors sold a net 712.1 billion yen ($6.45 billion) of German bonds in May, when European bond markets were roiled by concerns over political instability, data from Japan’s Ministry of Finance showed on Monday.

They sold 2.071 trillion yen ($18.76 billion) of U.S. bonds and bought 397.1 billion yen of British bonds.

$1 = 110.40 yen 1 euro = 129.72 yen $1 = 110.4200 yen Reporting by Hideyuki Sano Editing by Shri Navaratnam

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