by Hwang Yoonju
Published 18 Apr.2022 06:21(KST)
[Asia Economy Reporter Hwang Yoon-joo] A total of 796 billion KRW has been withdrawn from domestic bond funds over three trading days.
According to the Korea Financial Investment Association on the 18th, as of the 14th, domestic bond funds excluding exchange-traded funds (ETFs) saw a net outflow of 372.2 billion KRW, resulting in a total outflow of 796 billion KRW over three trading days. Overseas bond funds experienced a net outflow of 11.5 billion KRW.
Domestic equity funds recorded a net outflow of 9.4 billion KRW, totaling 34.7 billion KRW over three trading days. Overseas equity funds saw a net inflow of 2.6 billion KRW, bringing in 17.6 billion KRW over four trading days.
Money market funds (MMFs), which attract short-term funds, received 871.3 billion KRW in a single day, with the principal amount set at 168.4151 trillion KRW and the net asset value totaling 169.2623 trillion KRW.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.