[Daily Fund Trends] 670 Billion KRW Net Outflow in Domestic Bond Funds in One Day

[Asia Economy Reporter Park Jihwan] The domestic bond fund market experienced net outflows for six consecutive trading days. During this period, 2.2577 trillion KRW was withdrawn. On the 24th alone, 670.9 billion KRW was withdrawn.

According to the Korea Financial Investment Association on the 26th, as of the 24th, the domestic bond fund market excluding exchange-traded funds (ETFs) saw a net outflow of 670.9 billion KRW.

With net outflows continuing for six consecutive days, a total of 2.2577 trillion KRW was withdrawn during this period. The overseas bond fund market also saw an outflow of 25.2 billion KRW on the same day.

Although it turned to net inflows after three trading days the previous day, it switched back to net outflows in just one day.

On the same day, the domestic equity fund market recorded a net inflow of 13.8 billion KRW. Overseas equity funds also experienced a net outflow of 36.2 billion KRW. Notably, overseas equity funds have been experiencing outflows for nine consecutive trading days.

As of the 24th, money market funds (MMFs), which are demand deposit-type products, saw a net outflow of 3.4803 trillion KRW. The MMF subscription amount was recorded at 136.8772 trillion KRW, and the net asset total was 137.7899 trillion KRW.