Ongoing purchases of domestic debt securities
In March, April and May 2020 Dutch investors purchased domestic money market and capital market paper (bonds) to a total net amount of EUR 55.2 billion. Most purchases were made in April (EUR 38.2 billion). In March 2020, investors also made large domestic purchases (EUR 9.3 billion). Purchases in May amounted to EUR 7.7 billion. Before the coronavirus (COVID-19) crisis, Dutch positions were reduced. January and February 2020 saw net sales of EUR 5.1 billion and EUR 0.2 billion respectively. This appears from preliminary DNB figures based on reports covering approximately 85% of Dutch securities holdings (Figure 1).