Seoul - The Korea Interbank Offered Rates (KORIBOR) remain relatively stable as of the latest data release by Yonhap Infomax, showing minor fluctuations in short and medium-term lending rates among banks.
According to Yonhap News Agency, as of 11:00 a.m. today, the rates for various terms have seen slight adjustments. The one-week rate held steady at 3.50%, maintaining the same level as the previous session. The one-month rate saw a minor decrease from 3.53% to 3.52%, and the two-month rate dropped from 3.55% to 3.53%. More notable was the three-month rate, which decreased from 3.58% to 3.55%. The six-month rate also fell from 3.57% to 3.54%, while the twelve-month rate decreased from 3.49% to 3.46%. These changes suggest a stable but slightly easing interbank lending rate environment, which could influence broader financial market conditions in South Korea.