[Daily Fund Trends] Korean Bond Funds See Net Outflow of 240 Billion Won in Two Days
[Asia Economy Reporter Geum Bo-ryeong] Approximately 240 billion KRW disappeared from the domestic bond fund market within two days.
According to the Korea Financial Investment Association on the 12th, 158.6 billion KRW was net withdrawn from the domestic bond fund market excluding exchange-traded funds (ETFs) on the 10th. Combined with the 79.4 billion KRW withdrawn on the 9th, a total of 238 billion KRW was net withdrawn over two trading days.
On the same day, 10 billion KRW was net inflowed into the overseas bond fund market.
In the domestic equity fund market and overseas equity fund market, net outflows of 64.5 billion KRW and 1.4 billion KRW were recorded, respectively.
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Money Market Funds (MMFs) decreased by 1.4357 trillion KRW compared to the previous day. The MMF subscription amount was 145.0454 trillion KRW, and the total net assets were 145.9726 trillion KRW.
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