Foreigners sell $17.31 billion in Canadian securities in August

Oct 16 (Reuters) — Foreign investors sold a net C$17.31 billion ($12.23 billion) in Canadian securities in August, led by a record divestment in federal government bonds, following a downwardly revised C$20.64 billion total purchase in July, Statistics Canada said on Friday. Canadian investors bought a net C$23.90 billion worth of foreign securities, led by purchases of U.S. shares. Net foreign investment in Canadian securities (blns of Canadian dollars) Aug Jul(rev) Jul(prev) Total -17.312 +20.635 +20.653 Bonds -1.873 +25.295 +25.321 Stocks -9.899 +7.209 +7.200 Money markets -5.540 -11.869 -11.869 Net Canadian investment in foreign securities (blns of Canadian dollars) Aug Jul(rev) Jul(prev) Total +23.901 -30.627 -30.627 Bonds -5.174 -0.051 -0.051 Stocks +28.539 -31.801 -31.801 Money markets +0.536 +1.225 +1.225 ($1=$1.4158 Canadian) (Reporting by Dale Smith; Editing by Promit Mukherjee) ((promit.mukherjee@tr.com) Keywords: CANADA ECONOMY/SECURITIES