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Mar 23, 2023 05:25 PM
FINANCE

Emerging Asia Bonds See Investor Influx Amid Bank Crisis

Tickers display stock prices at the Indonesia Stock Exchange in November. Photo: Bloomberg
Tickers display stock prices at the Indonesia Stock Exchange in November. Photo: Bloomberg

(Bloomberg) -- Global funds seeking to ride out the recent volatility in financial markets have gravitated to an unlikely asset class: emerging Asian bonds.

Overseas investors poured the most money into South Korean bonds in eight months last week, while inflows into Indonesian notes were the strongest since January. Foreign funds also scooped up Thai and Indian securities during the period.

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