[Daily Fund Trends] 500 Billion KRW Net Inflow into Korean Bond Funds Market over 3 Days
Bond Fund Market (Photo by Korea Financial Investment Association website capture)
View original image[Asia Economy Reporter Geum Boryeong] A total of 500 billion KRW flowed into the domestic bond fund market over three trading days.
According to the Korea Financial Investment Association on the 7th, 95.3 billion KRW was net inflowed into the domestic bond fund market excluding exchange-traded funds (ETFs) on the 3rd. From the 1st, a total of 498.7 billion KRW entered over three trading days.
On the other hand, 8.5 billion KRW was net outflowed from the overseas bond fund market on the same day.
In the domestic equity fund market, 90 billion KRW was withdrawn, continuing a net outflow trend for 20 consecutive trading days. The overseas equity fund market saw a net inflow of 43.9 billion KRW.
Money Market Funds (MMFs) increased by 4.8502 trillion KRW compared to the previous day. The MMF subscription amount was recorded at 158.5316 trillion KRW, and the total net assets amounted to 159.316 trillion KRW.
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