SEOUL—The Korea Interbank Offered Rates (KORIBOR) remained stable across most terms as of 11:00 a.m. today, according to the latest data from Yonhap Infomax, the financial news and information arm of Yonhap News Agency.
According to Yonhap News Agency, the rates for one-week loans held steady at 3.50 percent, matching the previous session's figures. The one-month and two-month rates were also unchanged at 3.48 percent and 3.46 percent, respectively. The three-month KORIBOR, a benchmark for many financial products and services, maintained its rate at 3.46 percent. There was a slight increase in the six-month rate from 3.44 percent to 3.45 percent, while the twelve-month rate remained constant at 3.35 percent. These figures reflect the ongoing stability in the short-term borrowing market amidst varying economic conditions.