[Daily Fund Trends] Korean Bond Funds See Net Outflow of 360 Billion Won Over 2 Trading Days
[Asia Economy Reporter Eunmo Koo] The domestic bond fund market experienced net outflows for two consecutive trading days, with 360 billion KRW withdrawn during this period.
According to the Korea Financial Investment Association on the 20th, as of the 18th, the domestic bond fund market excluding exchange-traded funds (ETFs) saw a net outflow of 116.8 billion KRW. With net outflows continuing for two consecutive days, a total of 356.8 billion KRW was withdrawn during this period. The overseas bond fund market also experienced an outflow of 4.9 billion KRW.
![[Daily Fund Trends] Korean Bond Funds See Net Outflow of 360 Billion Won Over 2 Trading Days](http://www.asiae.co.kr/news/img_view.htm?img=2020031923290931913_1584628149.png)
On the same day, the domestic equity fund market recorded a net outflow of 15.9 billion KRW. The overseas equity fund market also saw net outflows, with 27.2 billion KRW withdrawn.
Hot Picks Today
"Do We Need to Panic Buy Again?" War Drives 30% Price Surge... Even the Bedroom Feels the Impact
- "Suspicious Timing?"...Trump Traded Stocks After Praising Wartime Capabilities
- Trump: "U.S. and Nigerian Forces Eliminate IS Number Two Worldwide"
- "Anyone Who Visited the Room Salon, Come Forward"… Gangnam Police Station Launches Full Staff Investigation After New Scandal
- "Contact Me First If Houses Are Built": Wealthy Clients Eyeing... Will Ultra-High-End Residences Worth 20 Billion Won Be Developed? [Real Estate AtoZ]
![[Daily Fund Trends] Korean Bond Funds See Net Outflow of 360 Billion Won Over 2 Trading Days](http://www.asiae.co.kr/news/img_view.htm?img=2020031923291131914_1584628152.png)
As of the 18th, money market funds (MMFs), which are demand deposit-type products, saw a net inflow of 1.6044 trillion KRW. The MMF balance was recorded at 145.3116 trillion KRW, with total net assets amounting to 147.271 trillion KRW.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
