Foreign investors bought a record amount of South Korean bonds in May,… while dumping stocks over the same period.<br />According to data by the Financial Supervisory Service,... foreigners bought six billion U.S. dollars of local bonds in May, … the most in a single month since October 2009.<br />The holdings of local debt by offshore investors stood at 1-hundred-1-billion dollars at the end of last month, …making up six-point-seven percent of the total market.<br />Meanwhile, foreigners sold two-point-47 billion dollars of local stocks in May, …amid the Korean won's weakness against the U.S. dollar.<br />Offshore investors held a total 4-hundred-50 billion dollars of local stocks at the end of May, …accounting for over 32 percent of Korea's total market cap<br />
