Korea Interbank Offered Rates Show Mixed Movement Across Terms

Seoul: The Korea Interbank Offered Rates (KORIBOR) displayed mixed movement in various terms as reported by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, at 11:00 a.m.

According to Yonhap News Agency, the 1-week KORIBOR remained stable at 2.50% compared to the previous session. The 1-month rate increased slightly to 2.61% from 2.60%. Similarly, the 2-month rate saw a minor rise to 2.70% from 2.69%.

The 3-month rate maintained its position at 2.79%, showing no change from the previous session. The 6-month rate experienced a small increase to 2.83% from 2.82%. The 12-month rate also saw an uptick, rising to 2.92% from 2.90%.