SEOUL, Dec. 12 (Xinhua) -- Foreign investors continued to buy South Korean stocks for the second straight month last month on eased worry about inflation, financial watchdog data showed Monday.

Foreigners purchased a net 2.93 trillion won (2.2 billion U.S. dollars) worth of local stocks in November after buying 3.58 trillion won (2.7 billion dollars) worth of shares in October, according to the Financial Supervisory Service (FSS).

Offshore investors remained net buyers as the slower inflation alleviated concerns about rapid interest rate hikes.

The country's central bank has raised its policy rate since August last year from 0.50 percent to 3.25 percent.

Foreign holdings of domestic listed stocks totaled 637.9 trillion won (487.8 billion dollars) at the end of November, accounting for 26.7 percent of the total market capitalization.

Offshore investors bought a net 4.23 trillion won (3.2 billion dollars) worth of local listed bonds last month.

Given the maturing debts worth 3.50 trillion won (2.7 billion dollars), the foreign net investment in the bond market stood at 730 billion won (558 million dollars) in November.

Foreign ownership of local bonds came to 232.2 trillion won (177.6 billion dollars) at the end of November, taking up 9.8 percent of the total listed bonds. Enditem

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