SEOUL, Dec. 12 (Xinhua) -- Foreign investors bought South Korean bonds last month, leading to the first foreign fund inflow in three months, central bank data showed Wednesday.
Foreigners purchased 370 million U.S. dollars of domestic bonds in November, according to the Bank of Korea (BOK). For the first 11 months of this year, foreign purchase of local bonds amounted to 12.56 billion dollars.
It led to 360 million dollars of foreign capital inflow into the local financial market, the first inflow in three months.
Offshore investors sold 10 million dollars of local stocks amid the lingering worry about trade conflict among major economies. During the January-November period, foreign fund outflow from the local stock market was 5.79 billion dollars.
The daily average volatility in the won/dollar exchange rate fell to 0.31 percent in November.
Foreign currency trading in the inter-bank market posted a daily average of 22.64 billion dollars in November, down 670 million dollars from the previous month.
Premium for the 5-year credit default swap, which gauges credit risk for the five-year government bonds, averaged 42 basis points last month, up 3 basis points from a month earlier.
