For the first time, floating funds, which could not find a suitable investment destination, exceeded 1,100 trillion won, reaching the largest ever.

As the 'money price (interest rate)' fell due to the Corona 19 crisis and the cut in the interest rate of the Bank of Korea, the rate of increase in floating funds gradually increased.

As such, money that has lost its place to go and overflowing in the market is likely to flow into stock markets or real estate as an investment alternative.

According to the Bank of Korea and the Korea Financial Investment Association, the amount of floating funds such as cash currencies, deposits required, deposits and withdrawals, money market funds (MMFs), and general asset management accounts (CMAs) amounted to KRW 1,106 trillion and KRW 383.8 billion as of the end of March. Has been counted as.

This is not only the largest in history, but it has been rising every month for 5 consecutive months until March after exceeding KRW 1 trillion in November last year.

With the interest rate cut, the rate of increase in floating funds is also increasing.

The increase increased from 30 trillion won in November and December last year to 47 trillion won in February of this year, when the coronavirus infection-19 (corona19) pandemic (a global pandemic) occurred.

It is the first time since the statistics were aggregated that the monthly increase exceeded 40 trillion won.

It is interpreted that the market interest rate has been lowered and the yield of financial products minus bonds has fallen overall, and that the funds have been floating around the market.

For example, interest rates on bank deposits are already only 1%.

Looking at the weighted average interest rate statistics of financial institutions compiled by Han Eun, the regular deposit rate based on the balance of the bank has steadily fallen since March of last year and has fallen to 1.5% last month.

Moreover, the liquidity of the Bank of Korea increased further as the Bank of Korea lowered the base rate on the 28th, and the likelihood that commercial funds would flow to the stock market or real estate.

Indeed, KOSPI has recently been reclaiming its 2,000-year highs, raising funds on the stock market.

Investors' deposits, which are money that investors have left to securities companies to buy stocks or have not found after selling stocks, rose 44.58 trillion won on the 28th of this month, up 63.1% from the end of last year before the corona 19 incident.