[Daily Fund Trends] Korean Bond Funds See Net Outflow of 80 Billion KRW
[Asia Economy Reporter Eunmo Koo] 80 billion KRW flowed out of the domestic bond fund market.
According to the Korea Financial Investment Association on the 23rd, as of the 21st, 79.9 billion KRW was net withdrawn from the domestic bond fund market excluding exchange-traded funds (ETFs). On the other hand, 7.9 billion KRW flowed into the overseas bond fund market.
![[Daily Fund Trends] Korean Bond Funds See Net Outflow of 80 Billion KRW](http://www.asiae.co.kr/news/img_view.htm?img=2020042221065591131_1587557215.png)
On the same day, 4.4 billion KRW was net withdrawn from the domestic equity fund market. Conversely, 9.9 billion KRW was net inflowed into overseas equity funds. With seven consecutive trading days of net inflows, a total of 68.7 billion KRW entered during this period.
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![[Daily Fund Trends] Korean Bond Funds See Net Outflow of 80 Billion KRW](http://www.asiae.co.kr/news/img_view.htm?img=2020042221064891130_1587557207.png)
As of the 21st, 909.7 billion KRW was net inflowed into money market funds (MMFs), which are demand deposit-type products. The MMF subscription amount was recorded at 141.8415 trillion KRW, and the net asset total was 142.7083 trillion KRW.
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