[Daily Fund Trends] Domestic Bond Funds See Net Inflow of 260 Billion KRW in One Day
2.3 Trillion KRW Net Inflow into Korean Bond Funds Market This Month
Over 1 Trillion KRW Withdrawn from Equity Funds Market in the Same Period
Bond Fund Market Capital Inflow and Outflow Trends (Source: Korea Financial Investment Association)
View original image[Asia Economy Reporter Minwoo Lee] Approximately 260 billion KRW flowed into the domestic bond fund market in a single day.
According to the Korea Financial Investment Association on the 27th, 260.4 billion KRW flowed into the domestic bond fund market excluding exchange-traded funds (ETFs) as of the 25th. Except for the 7th and 24th of this month, all days showed net inflows. The total net inflow during this period amounted to 2.3518 trillion KRW. Meanwhile, 46.2 billion KRW flowed out of the overseas equity fund market on the same day. After five consecutive trading days of net outflows starting from the 14th, the market turned to a net inflow (100 million KRW) on the 24th but reverted to net outflow the next day.
Trends in Inflows and Outflows of Equity Funds Market (Source: Korea Financial Investment Association)
View original imageOn the same day, 12.9 billion KRW flowed out of the domestic equity fund market. Except for the 4th and 21st of this month, all days showed net outflows. The total net outflow during this period was recorded at 1.0375 trillion KRW. Meanwhile, 18.1 billion KRW flowed into the overseas equity fund market on that day. After seven consecutive trading days of net outflows starting from the 13th, it turned to a net inflow for the first time.
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Meanwhile, as of the 25th, 203.5 billion KRW flowed out of money market funds (MMFs), which are demand deposit-type products. The MMF balance was recorded at 122.2915 trillion KRW, and the total net assets amounted to 123.0958 trillion KRW.
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