[Daily Fund Trends] Korean Bond Funds See Net Inflow of 16.5 Billion KRW in One Day
[Asia Economy Reporter Minji Lee] The domestic bond fund market saw a net inflow of 16.5 billion KRW in one day.
According to the Korea Financial Investment Association on the 1st, as of the 29th of last month, 16.5 billion KRW flowed into domestic bond funds excluding exchange-traded funds (ETFs). Overseas bond funds saw an inflow of 3.6 billion KRW, resulting in a net inflow of 4 billion KRW over two trading days.
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Domestic equity funds experienced an outflow of 15.1 billion KRW, turning into a net outflow over two trading days. Overseas equity funds received 9.5 billion KRW, resulting in a net inflow of 14 billion KRW over two trading days. Money Market Funds (MMFs), a short-term capital stopover, saw a net outflow of 1.9621 trillion KRW in one day. The MMF subscription amount was 147.5227 trillion KRW, and the total net assets were 147.9693 trillion KRW.
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