[Daily Fund Trends] Korean Bond Funds See Net Inflow of 330 Billion KRW Over Three Days
[Asia Economy Reporter Eunmo Koo] The domestic bond fund market has seen net inflows for three consecutive trading days, with 330 billion KRW flowing in during this period.
According to the Korea Financial Investment Association on the 14th, as of the 10th, the domestic bond fund market excluding exchange-traded funds (ETFs) recorded a net inflow of 34.9 billion KRW. With net inflows continuing for three consecutive days, a total of 330.2 billion KRW flowed in during this period. On the other hand, overseas bond funds saw an outflow of 7.5 billion KRW. With net outflows continuing for three consecutive days until this day, 22 billion KRW was withdrawn.
On the same day, the domestic bond fund market experienced a net outflow of 10 billion KRW. With net outflows continuing for five consecutive days, 87.3 billion KRW was withdrawn during this period. The overseas bond fund market also saw an outflow of 30.4 billion KRW.
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As of the 10th, money market funds (MMFs), which are demand deposit-type products, recorded a net inflow of 213.3 billion KRW. The MMF's total subscription amount was 12.22784 trillion KRW, and the net asset total was 12.31125 trillion KRW.
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