[Daily Fund Trends] 185 Billion KRW Net Outflow in Korean Bond Funds Market Over Two Days
Domestic Bond Fund Market (Photo by Korea Financial Investment Association website)
View original image[Asia Economy Reporter Geum Bo-ryeong] More than 185 billion KRW flowed out of the domestic bond fund market over two days.
According to the Korea Financial Investment Association on the 17th, 175.8 billion KRW was net withdrawn from the domestic bond fund market excluding exchange-traded funds (ETFs) on the 14th. In total, 186.1 billion KRW disappeared over the two days.
There was also a net outflow of 10 billion KRW from the overseas bond fund market.
On the same day, 18.9 billion KRW was net inflowed into the domestic equity fund market. The overseas equity fund market also saw a net inflow of 23.9 billion KRW.
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Money Market Funds (MMFs) increased by 652.4 billion KRW compared to the previous day. The MMF subscription amount was 135.3259 trillion KRW, and the total net assets were 136.108 trillion KRW.
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