[Daily Fund Trends] Domestic Bond Funds See 7.4 Trillion KRW Net Outflow for 12 Consecutive Trading Days
MMF Settlement Amount Falls Below 120 Trillion Won After 3 Months
[Asia Economy Reporter Minji Lee] Domestic bond funds have experienced net outflows for 12 consecutive trading days, with approximately 7.4 trillion KRW withdrawn from the market during this period. The Money Market Fund (MMF) balance has fallen below 120 trillion KRW.
According to the Korea Financial Investment Association on the 2nd, as of the 1st, domestic bond funds excluding Exchange Traded Funds (ETFs) saw a net outflow of 121.9 billion KRW. With net outflows continuing for 12 consecutive trading days, a total of 7.4031 trillion KRW was withdrawn during this period. The overseas bond fund market also recorded a net outflow of 2.7 billion KRW on the same day.
Domestic equity funds saw net inflows of 19.5 billion KRW, turning to net purchases. Overseas equity funds recorded net inflows of 10 billion KRW, maintaining net inflows for five consecutive trading days.
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As of the 1st, Money Market Funds (MMFs), which allow on-demand deposits and withdrawals, experienced a net outflow of 434.1 billion KRW. The MMF balance fell below 120 trillion KRW for the first time since January 3rd (113.1914 trillion KRW), recording 119.6426 trillion KRW. The total net assets were calculated at 120.4078 trillion KRW.
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