21.   While foreigners invested heavily in Canadian Government treasury bills, they reduced their holdings of Canadian bonds for the third consecutive month.

22.   President Daniel arap Moi earlier this month allowed foreigners to invest in local companies through the Nairobi stock exchange with effect from January.

23.   South Korea is to allow foreigners to invest in local venture capital companies from Tuesday, the government said Monday.

24.   The government is also considering allowing the establishment of a Country Fund through which foreigners can invest in Korean bonds.