[Daily Fund Trends] 1.34 Trillion KRW Poured into Korean Bond Funds Over Two Days
[Asia Economy Reporter Geum Bo-ryeong] More than 1.3 trillion KRW flowed into the domestic bond fund market over two days.
According to the Korea Financial Investment Association on the 6th, 597.8 billion KRW was net inflowed into the domestic bond fund market excluding exchange-traded funds (ETFs) on the 29th of last month. Considering that 745.5 billion KRW also flowed in on the 28th of last month, a total of 1.3433 trillion KRW was net inflowed over the two days.
On the same day, 4.8 billion KRW was net outflowed from the overseas bond fund market.
The domestic equity fund market and overseas equity fund market saw net inflows of 35.5 billion KRW and 3.4 billion KRW, respectively.
Money Market Funds (MMFs) decreased by 5.6516 trillion KRW compared to the previous day. The MMF subscription amount stood at 134.2443 trillion KRW, and the total net assets amounted to 135.0651 trillion KRW.
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