[Daily Fund Trends] Over 8 Trillion Won Net Outflow from Korean Bond Funds over 18 Days
![[Daily Fund Trends] Over 8 Trillion Won Net Outflow from Korean Bond Funds over 18 Days](http://www.asiae.co.kr/news/img_view.htm?img=2020041307334072675_1586730820.jpg)
[Asia Economy Reporter Geum Bo-ryeong] The domestic bond fund market has experienced net outflows for 18 consecutive trading days.
According to the Korea Financial Investment Association on the 13th, the domestic bond fund market excluding exchange-traded funds (ETFs) saw a net outflow of 58.2 billion KRW on the 9th. The total amount withdrawn over 18 trading days since the 17th of last month reached 8.0758 trillion KRW.
On the same day, the overseas bond fund market also experienced a net outflow of 6.8 billion KRW.
The domestic equity fund market and the overseas equity fund market saw net outflows of 26.7 billion KRW and 15.4 billion KRW, respectively.
Money Market Funds (MMFs) decreased by 1.427 trillion KRW compared to the previous day. The MMF subscription amount was 136.5164 trillion KRW, and the total net assets amounted to 137.2841 trillion KRW.
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