[Daily Fund Trends] Korean Bond Funds See Net Outflow for 8 Consecutive Days... 1.5 Trillion Won Withdrawn
Bond Fund Market (Photo by Korea Financial Investment Association website capture)
View original image[Asia Economy Reporter Kum Boryeong] The domestic bond fund market has experienced net outflows for eight consecutive trading days. Approximately 1.5 trillion KRW has been withdrawn during this period.
According to the Korea Financial Investment Association on the 9th, excluding exchange-traded funds (ETFs), the domestic bond fund market saw a net outflow of 154.5 billion KRW on the 7th. From the 26th of last month, a total of 1.452 trillion KRW disappeared over eight trading days.
On the other hand, the overseas bond fund market recorded a net inflow of 19.2 billion KRW.
On the same day, the domestic equity fund market and the overseas equity fund market experienced net outflows of 10 billion KRW and 2 billion KRW, respectively.
Money Market Funds (MMFs) increased by 1.8652 trillion KRW compared to the previous day. The MMF subscription amount was 121.9669 trillion KRW, and the total net assets amounted to 122.8178 trillion KRW.
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