Teachers! How is my translation?♡

Foreigners, selling stocks on consecutive days while buying the largest amount of government bonds ever.

Holding listed bonds worth 134trillion won

After the outbreak of coronavirus, foreign investors have been selling their stocks in large numbers while the amount of government bonds they have been buying is a record high . (and investing the money in government bonds. Sales of these bonds is at a record high.)

The Financial Supervisory Service announced on April 12th that the value of Korea public bonds owned by foreign investors was 134,410,200 million won as of April 9th, which is a record high (the highest it has been) in (the)18 years since August, 2002 when related statistics (these numbers) started to be officially released. It rose by 1.843 trillion won compared to late March this year. Korea public bonds denotes(or means?) (are) government bonds and Monetary Stabilization Bonds listed at(on) the Korea Exchange (KRX). As foreign investors invest in unlisted bonds very little (in those bonds that are not listed), flow (money flows into or out) of listed bonds is important in analyzing them in the bond market. The value of bonds held by foreigners fell from 127,188,100 million won in September last year to 123,871,400 million won at the end of last year. But they began to increase investment(their bond holdings) again this year.

Accordingly, the annual interest rates of (the) government bonds in which foreigners in the bond market mostly invest (that foreigners prefer) dropped to 0.97% as of April 10th on a three-year maturity basis, which is a record low ever. It equals(or means?) t(T)he prices of government bonds rose.

Meanwhile, foreigners are continuing net sale (selling more than buying) in the stock market on consecutive days. They has been selling stocks more than purchasing for the 27 straight trading days from March 5th to April 10th in the Korea securities market. The accumulated differential between sales and purchase during those days was 13,870,700 million won.

Analysts say recession caused by the coronavirus crisis has created more and more uncertainty in financial markets and it has led foreign investors to prefer government bonds which is a risk free asset unlike stocks. Another reason, they add, is that the Korean government presented market stabilization measures including providing ‘the bond market stabilization fund’ of 20 trillion won.

Kim Fill-kyu, a researcher at the Korea Capital Market Institute, said “Foreigners are buying government bonds for a short-term investment to employ the money getting out of the stock market. Considering the fact that they have high credibility for Korean economy, the trend seems to continue for a while.”