[Daily Fund Trends] 170 Billion KRW Net Inflow in Korean Bond Funds in One Day

[Asia Economy Reporter Minji Lee] Nearly 170 billion KRW flowed into the domestic bond fund market in just one day.

Bond Fund Market (Source=Korea Financial Investment Association)

According to the Korea Financial Investment Association on the 26th, as of the 24th, 169.8 billion KRW flowed into the domestic bond fund market excluding exchange-traded funds (ETFs). On the same day, 9.7 billion KRW flowed into overseas bond funds. Over the past three trading days, 24.3 billion KRW flowed into overseas bond funds.

Equity Fund Market (Source=Korea Financial Investment Association)

In the domestic equity fund market, 22.1 million KRW was net inflow. Overseas equity funds also saw an inflow of 7.1 billion KRW.

Money Market Funds (MMFs), which allow frequent deposits and withdrawals, experienced a net outflow of 2.0599 trillion KRW. The MMF subscription amount was recorded at 146.3223 trillion KRW, and the net asset value totaled 147.269 trillion KRW.