KORIBOR Rates Remain Steady Across Most Terms.

seoul: The Korea Interbank Offered Rates (KORIBOR) as reported today show stability across most terms, with slight shifts observed in certain durations. These rates, which are crucial for the banking sector and influence loan and deposit interest rates, were posted at 11:00 a.m. According to Yonhap News Agency, the rates for the 1-week, 1-month, and 2-month terms remained unchanged at 3.25%, 3.30%, and 3.34% respectively. The 3-month term also held steady at 3.40%. A minor increase was noted in the 6-month term, which shifted from 3.39% in the previous session to 3.40% today. Conversely, the 12-month term saw a slight decrease from 3.26% to 3.25%.