[Daily Fund Trends] 390 Billion KRW Net Outflow in Korean Bond Funds Market

[Asia Economy Reporter Minji Lee] Approximately 390 billion KRW flowed out of the domestic bond fund market over 16 trading days.

According to the Korea Financial Investment Association on the 26th, 390.1 billion KRW flowed out of the domestic bond fund market excluding exchange-traded funds (ETFs) on the 24th. Although 4.7 trillion KRW had flowed in over the previous 15 consecutive trading days, the trend shifted to net outflow. In the overseas bond fund market, 1.1 billion KRW was withdrawn.

In the overseas equity fund market, 34.3 billion KRW flowed in during one day. The domestic equity fund market also saw a net inflow of 900 million KRW.

Money Market Funds (MMFs) decreased by 605.1 billion KRW compared to the previous day. Approximately 3.6 trillion KRW exited over four trading days. The MMF subscription amount was 155.106 trillion KRW, and the total net assets amounted to 155.6051 trillion KRW.